Monday, September 5, 2016

High level corruption under spotlight in PNG

Latest: Corruption and Money Laundering.

High level corruption under spotlight in PNG.


Photo: RNZI

Papua New Guinea's capacity to hold high-level corruption to account is under the spotlight after a former prime minister was implicated in a Singapore money laundering case.
Last week, a Singapore court jailed a couple for laundering US$3.6 million (5 million NZ dollars) of funds intended for setting up community colleges in PNG.
The court established that in 2010 US$784,000 of the money was deposited in the bank account of Sir Michael Somare, PNG's prime minister at the time.
Johnny Blades has more.

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