$1m mysterious payment - Solomon Star News

$1m mysterious payment
Featured

30 November 2018
Author 
Former Finance Minister Snyder Rini.


THE one million ($1m) in shipping grant that was supposed to be received by Didao Development Cooperation remains a mystery and untraceable since documents related to the payment were missing from the Ministry of Finance.

The payment was made between 2015 and 2016. Didao Development Cooperation never received the payment.

According to the Auditor General’s report related to the Shipping Grant that appeared on the report all the documents about the $1million payment to the company were missing from the ministry’s data.

The report prepared by Auditor General Peter Lockay was sent to this paper containing information about the shipping grants and its recipients for the year 2015 to 2016.

It appeared that Didao Development Cooperation received $1million but no documents about the payments could be made available.

Officials within the Ministry of Finance and Treasury (MoFT) only confirmed that the documents were missing and nothing can be traced from their records.

It was revealed the payment was made during the reign of Snyder Rini as the Minister for Finance.

This paper was informed that former Minister Rini knows about the $1million mysterious payment and he might have something to say about the missing documents because this happened during his time as Minister.

Rini could not be contacted because he had no constituency officials working with him to easily trace his whereabouts to comment on the issue.

A representative from Didao Development Cooperation denied the company receiving the million dollar payment.

Blaming someone for using the company’s name to access the $1million payment and then hide all the documents to make it difficult for police to investigate.

This paper could not get any update from police on the progress of the case so far.

By AATAI JOHN LAUNGI

912 Views
Editor