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30 June 2014

Timor-Leste has been robbed!

ETLJB 30/06/2014 From Lao Hamutuk 23 June 2014 - La'o Hamutuk has warned for years that Timor-Leste's petroleum wealth, when viewed through the cracks in our  management systems and limited levels of experience and capacity, makes us a tempting target, Criminals from all over the world are enticed by the billion dollars Timor-Leste spends each year, and drool over our $16 billion Petroleum Fund. Our fears have now been confirmed.

FBI officials in the USA arrested Nigerian-born U.S. citizen Bobby Boye last Thursday, charging him with seven crimes involving the theft of more than $3.5 million from Timor-Leste's people. Read the full article on Lao Hamutuk. Source: http://laohamutuk.blogspot.com/2014/06/timor-leste-has-been-robbed.html

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