Governor of the Bank of PNG Loi Bakani has advised the public not to accept or conduct any transactions using a currency called “Bougainville Kina”. It is illegal.
In a public notice today, Mr. Bakani said the currency “Bougainville Kina” was introduced by a Noah Musingku, through the dealings of U-Vistract and is not recognised by the Bank of PNG.
Under Section 59 of the Central Bank Act 2000, the Bank of PNG is the only authorized institution mandated to issue PNG currency Notes and Coins in the country.
Bougainville Kina cannot be used as it is not legal tender in Papua New Guinea.
An increasing number of inquiries reach the ESBC since fall 2011. All concern the so called "Bougainville Kina".
Please help us to acquire more indepth information about the Bougainville Kina scam!
Please tell us…
…who told you about “Bougainville Kina”?
…where did you find promotional material or articles about “Bougainville Kina”?
…if you have contacted the fraudulent Bank of Me’ekamui (IBOM)?
…if you did contract in “Bougainville Kina”?
…if you already did contact the police or other financial supervisory boards ? Did they respond to your call?
To say it quite clearly: The "Bougainville Kina" is simply a product of fantasy of a notorious conman named Noah Musingku, who hides with his friends in the jungle of Southern Bougainville. Musingku, calls himself "King Pei II". A couple of years ago he created a money scheme called U-Vistract. The people who invested lost all their savings. Musingku is supported by duboius individuals in the United States of America who - amongst others - host his site www.ibom.biz (International Bank of Meekamui).
Musingku also achieved to print his own "money" : the Bougainville Kina. This currency is even not worth the paper it is printed on.
The ESBC strongly advise not to entertain any business relations with IBOM or one of their representatives. If not: Be sure to loose your money! Please contact immediately the commissioner of fraud division in the nearby criminal investigations department for further legal steps.
The fake Bougainville Kina look like this:
The Conman:
Noah Musingku or King Pei II
Watch here an interesting "Journeyman's Pictures" report from 2006 showing conman Noah Musingku at work:
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The ESBC consider this information as fraudulent. We confirm our WARNING not to get in contact to these people.!
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Domain Name.......... liaboc.com
Creation Date........ 2005-03-05 14:58:51
Registration Date.... 2005-03-05 14:58:51
Expiry Date.......... 2013-03-05 14:58:51
Organisation Name.... Yunfei Shi
Organisation Address. Room 401, No 53, Lane 645, Fengshun Road
Organisation Address.
Organisation Address. Shanghai
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Admin Name........... Yunfei Shi
Admin Address........ Room 401, No 53, Lane 645, Fengshun Road
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Admin Email.......... dotspi@liaboc.com
Admin Phone.......... +86.2154433536
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Tech Name............ Yunfei Shi
Tech Address......... Room 401, No 53, Lane 645, Fengshun Road
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Tech Address......... CN
Tech Email........... dotspi@liaboc.com
Tech Phone........... +86.2154433536
Tech Fax............. +86.2154433536
Bill Name............ Yunfei Shi
Bill Address......... Room 401, No 53, Lane 645, Fengshun Road
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Bill Address......... Shanghai
Bill Address......... 201108
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Bill Address......... CN
Bill Email........... dotspi@liaboc.com
Bill Phone........... +86.2154433536
Bill Fax............. +86.2154433536
Name Server.......... ns1.dns.com.cn
Name Server.......... ns2.dns.com.cn
The European Shareholders of Bougainville Copper (ESBC) info@bougainville-copper.eu
