Political pressure has forced caucus to cancel the business licence of a genuine petroleum supplier Gafung Solomon (SI) Limited.

This latest move is sponsored by influential Chinese business men with some MPs within GNUT who are associated with political interests, sources close to the matter told Island Sun yesterday.

Caucus has not come to a conclusion on this matter this week as factions within have internal reservations.

It is understood the cancellation of Gafung’s licence is one of the 10 claims signed by the 16 government MPs to the Prime Minister recently.

Gafung is understood to be the latest victim of a political row of claims between MPs in Cabinet and Caucus.

Political bickering within GNUT has forced authorities to cancel Ganfung’s operations without caution and it is a setback for a company that had been striving to provide services in the petroleum industry for over 9 years.

Gafung is a genuine offshore petroleum supplier like Markwarth and SP Oil but there are sponsored business interests within GNUT who are trying to disrupt its services.

Gafung has a license to operate petroleum supply in Solomon Islands but was denied by the government because it is one of the 16 MPs demand.

The question remains who is sponsoring the 10 demands by the 16 MPs which Gafung is also a part of? Whose agenda are they serving, is it based on national interest?

It is understood Gafung has been reliably supplying diesel with affordable price and the license cancelation will be a big setback to infrastructure companies operating in the provinces around the country.

Having three players in the fuel industry is fair but having two like Markwarth and SP Oil Limited is similar to monopoly because collusion between the two firms may occur.

Government should encourage genuine businesses and not to allow political disparities to cloud their judgement.