Featured Papua New Guinea

NZ and Australia plan to lower remittances costs in Pacific

New Zealand is in talks with Australia to lower hefty money transfer fees in several Pacific Island countries, as “stubbornly high” costs strain the region’s economies and hamper UN targets. Remittances are a key source of earnings for many Pacific families who have relatives working abroad and the intervention comes… Read More

Australia’s ClearView Wealth says director arrested in Papua New Guinea

Australia’s ClearView Wealth Ltd, a wealth management product provider, said on Wednesday it was informed that an independent non-executive director was arrested in Papua New Guinea. The director was arrested and charged with one count of conspiracy to defraud by the National Fraud & Anti-Corruption Directorate of the Royal Papua… Read More

PNG agreement to stay off FATF grey list

Papua New Guinea is adamant on staying off the Financial Action Task Force (FATF) Money Laundering and Counter Terrorist Financing-grey list. The country was grey-listed in 2011/2012 but with help got out in June 2016. To enhance these efforts an agreement was signed last Friday between the recently established… Read More
6th December 2016
The former head of Papua New Guinea's anti-corruption body has lost his two-year court battle to keep his job and maintain the taskforce. Read More
14th September 2016
Police in Papua New Guinea’s capital have arrested a former MP and government minister Gabriel Kapris on various corruption charges Mr Kapris is implicated for two counts of misappropriation of property, two counts of abuse of public office, one count of stealing by false pretence and one count of conspiracy… Read More
11th September 2016
SINGAPORE — The State Court has sentenced a married couple to prison in a $3.6 million international money laundering case linked to Chinese telecom giant ZTE and the former prime minister of Papua New Guinea. Singaporean national Lim Ai Wah was given a five-year prison sentence Thursday,… Read More
2nd September 2016
Papua New Guinea’s former prime minister Sir Michael Somare has been implicated in a money laundering case in Singapore. The Straits Times reports that in 2010 a married couple laundered US$3.6 million which had been meant to set up community colleges in PNG – then gave US$784,000 of it to… Read More
9th August 2016
When the Papua New Guinea parliament resumes this afternoon, the fight against corruption is expected to be high on the agenda. The Post Courier reports that the Leader of Government Business James Marape will bring forward a number of anti-graft proposed laws. Communications and Information Technology Minister Jimmy Miringtoro is… Read More
8th June 2016
Papua New Guinea's parliament has been told that four people have been killed and seven injured after police opened fire on a group of protesting university students. Read More
9th May 2016
Papua New Guinea's Police Commissioner has ordered the reopening of the country's anti-corruption body, three weeks after he shut it down. Read More
18th April 2016
A glaring division has opened up in Papua New Guinea's police force amid fallout over a major fraud case implicating the prime minister. Read More