The Board made the decision after Maipakai allegedly mismanaged the landowners’ funds.
Company Director Luke Damu said Maipakai had not delivered to the people in terms of tangible services for the last 15 years as the capacity of the chairman of the company.
He said he has been using the directors who are semi illiterate to sign agreements with Rimbunan Hijau to do loggings in their area for his own benefits.