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January 13, 2009

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I always wondered if these defendants were to be proven guilty. Would it be just fines and jail terms? Or Are they required to turn over any properties they have to off set what is owed to the people?

I am asking cause a friend of mine gave me this scenerio which would utimately promote stealing if it's just fines and jail terms. He/She said, "If it's just fine and Jail term. I would be glad to steal for the future of my families and offer myself to rot in jail. At least the next generations of my family will be well off."


Mesulang,

AKERCH...MEDENGESANG A OBECHAD....DIAK A TEKOI EL DIAK LOBART.....THAT'S A LESSON TO ALL OF US........YOU CANNOT HIDE FROM YOUR SIN......


JUSTICE NEEDED ON THIS, WE'VE BEEN WAITING FOR THIS TIME........JUDGE MAKE SURE TO MAKE THE RIGHT DECISION AND DON'T WITHDRAW ANY CHARGES FROM THEM...LET THEM FACE WHAT THEY'VE BEEN WAITING FOR........WE SUFFER LET THEM SUFFER MORE......THIS IS WHAT THEY WANTED.....

Mosisecheklak,

Without going into the details, there are both civil and criminal actions ongoing against several of the PSB defendants. For example,it is public record that the Katund Corporation, which was owned by PSB insiders and owns the Carolines Resort, was previously put under a receivership by the Office of the Independent Counsel. Now the profits from it's operation go to the PSB receiver to help collect money for those who lost deposits when PSB collapsed. You may also have seen the recent notice in the paper that put it up for sale. When it is sold, it is anticipated that the proceeds will go to the victims of PSB's failure.

You might also have noticed the public announcements that Mack Timothy Taunton's house is for sale, and I believe his boat has already been sold. These were actions taken by the PSB receiver and their attorney.

These are just a few examples. There are a lot of collections effort from multiple source ongoing at this time. The Office of the Independent has secured a global asset freeze from Palau's Supreme Court last year, and that order covers many of the major PSB insiders. We anticipate making a public announcement regarding the progress of some of these efforts within the next few weeks.

Sulang,

Michael P. Copeland

A sincere thanks to you Mr.Copeland.

That very much clears everything. Hoping to see that public announcement soon. It means a lot to those who lost their money and are still in the dark with little hope they have....


Mesulang,


Mr. Copeland,
It seems you have a lot of time to blog whilst your cases appear to require a lot of research and understanding of the whole mess. Do you homework and stop pushing you PR bullshit.

You are green and need to learn - word from your AG friends say that you only have only been a practicing attorney for 5 years; you are out of your league and if you think that you can make a name of yourself though this PSB bullshit, then Godspeed but get it right and do your job to get people's money back and put the responsible people behind bars. Your self justification indicates a little insecurity on how you are approaching your cases. Be humble and get the job done for the people.

Thank you for coming to Palau to help out. Just don't expect to become the SP or use the Office of the Independent Counsel as a career booster at the expense of the people of Palau. There are many before you that have done the same and your game is not new to us.

Oh, how we talk like we are all that yet we can't even figure out how to run our governments financially without assistance from them. No wonder, we can't even get anywhere with attitude as such..

They're not qualified to get the job done and telling the ones who are on how to do their jobs. Sad..

Mr. Copeland,

I thought your blog was very informative. I don't know you or even of you that well, but your clarification of a posted question did not seem ill-willed or purely political in nature...it just seemed informative and I appreciate that. I just hope that it wasn't just an empty statement and that action is being taken "on the ground".

In my opinion, I do feel that this blog site is an acceptable tool to make public and general statements such as yours, even though it is an un-official forum.

Only time will tell what your true intentions are Mr. Copeland, so if punk'd had any real grounds for the strong assumptions his/her objectives weren't met because the timing was inappropriate and at face value....took a cheap shot at you. I hope you do you have sound intentions....but I remember to be careful that you do not get sucked in to the rip current of injustice and self-promotion/preservation that's seems to be prevalent in Palau. Cmon...a President that becomes a Senator?....that's just plain fishy!

There are a lot of good, honest, hard-working people relying on you to deliver....giving them their due justice should be rewarding in itself. Thanks again boss...keep it up, keep us informed, but also keep a close eye on your six and be concerned with your PR...for everyone's sake!

Abroad

Mr. Copeland,
So what happened to Mr. Emory Mesubed today. Seem like "punkd" was prophetic of what was to come.

Mr C,

What's your answer to Janet's question? Can you elaborate on the determination made on Mr Emory Mesubed's?

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