The recent events, even if one may consider them exceptional, demonstrated that those perceived as invincible also do not have the financial muscle of the sovereign. However, the regulator should not bask under the comfort of the sovereign being the promoter nor should it let any instruments of Government abuse this comfort.
Thank you, Dr. Richard Guy for the invitation. Over the past few years, I had had the opportunity to attend and address graduation ceremonies at various learning institutions around the country. These range from my former community school in the foothills of the Eastern Highlands province to two of our highest learning institutions, Unitech in Lae and UPNG in Port Moresby.