
The court ordered mediation into the disputes relating to the East New Britain Palm Oil, has been successfully completed.
An agreement was reached for the Oil Palm giant to pay a massive K30 million compensation to the landowners as well as for Oil Palm purchase-price to be lifted to the standard world price.
While the court is yet to fully endorse the outcome, this is a good news for all oil palm landowners of East New Britain.
Minister for International Trade and Investment Richard Maru, who also took part in the mediation as a plaintiff and official negotiator on behalf of the State through the Ministry, was instrumental in getting the price fixed.
Minister Maru was assisted by Sasingian Lawyers while other parties were assisted by other law firms including Ashurst Lawyers, Kihanges Lawyers and others.
The mediation was headed by accredited mediator and retired judge, Les Gavara-Nanu.
All the parties participated with their lawyers that saw the outcome of the successful mediation with K30 million compensation to be paid.
Minister Maru prior to the mediation, has said that the mediation came about as a result of investigations conducted by the government.
“This mediation is a direct result of an investigation conducted by the National Government with the support of the East New Britain Provincial Government into the complains contained in a petition presented to me by the landowners and oil palm farmers of East New Britain Province. They complained of gross under-pricing of their FBB sales, outstanding of over K38 million continued losses of income over 10 years, and illegal acquisition of their customary land by the company.”
“Settling of these issues during the mediation this week will be a landmark decision which will shape the future of the palm oil industry in Papua New Guinea going forward. I am very happy that the courts have chosen the Mediation Dispute Settlement System to resolve this dispute permanently. I can only pray for common sense and enough good will to be shown by all Parties to seek settlement by this week,” Mr Maru added.
This is a welcoming news for the oil palm landowners of East New Britain.
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