8 Dec 2004

PNG Telikom board sacked

4:05 pm on 8 December 2004

The board of Telikom Papua New Guinea has been sacked.

The National newspaper reports that Public Enterprises Minister Dr Puka Temu took the action over the board's opposition to the proposed partial sale of Telikom to the African-based Econet Wireless.

The managing director of the Independent Public Business Corporation, Masket Iangalio, has been appointed chairman of Telikom, replacing lawyer Dr Florian Gubon.

Also appointed to the board are the acting Treasury Secretary, Simon Tosali, and a senior officer from the Attorney General's office.

The acting managing director of Telikom Martin Veisame is not affected by the changes, and remains in his position.

Last week, the board spoke out against the sale through newspaper advertisements and it decided to take court action to stop the partial privatisation process.