March 5th 2015 marked 5 years since the Finance Department Commissiob of Inquiry Report was tabled in Parliament. Up until now, this report has not been implemented. The report shows 58 pubic servants, lawyers and bureaucrats were implicated and yet nothing has been done to arrest them or recover the stolen K780 million. These thieves are freely living high both in PNG and abroad on the expanse of tax payers hard earned money.
Commission of Inquiry
Deputy Opposition Leader Sam Basil speaks out about re-couping the K780 million that was stolen and those implicated prosecuted as it is sad that after 5years nothing has been done and no one prosecuted yet!
Source: Papua New Guinea Today
K780 million in public money was stolen through the Department of Finance between 2000 and 2006. But, despite a Commission of Inquiry that detailed who was involved and their methods, nobody has been prosecuted and none of the monies has ever been recovered.
Photo: Lawrence Stephens, Chair TIPNG, giving his Keynote Address
KEYNOTE ADDRESS BY MR. LAWRENCE STEPHENS, CHAIRMAN, TRANSPARENCY INTERNATIONAL AT THE 5TH ANNIVASARY OF COMMISSION OF INQUIRY INTO FINANCE DEPARTMENT
The Prime Minister must take decisive action to ensure those implicated in the K780 million Department of Finance fraud are brought to justice and the monies recovered, says community advocacy group, ACT NOW!
The Finance Department Commission of Inquiry uncovered massive fraud involving law firms and senior bureaucrats. K780 million of public money was stolen over a five-year period but nobody has been prosecuted for their crimes and none of the monies have been recovered.
This Thursday, March 5th, the community advocacy group, ACT NOW! is staging a “Birthday Bash” at the Holiday Inn to mark the fifth anniversary of the Commission Report being tabled in Parliament.
Papua New Guinea seen to be one of the most corrupt nations in the world has an endless talk-battle on riding corruption from its Pacific shores yet, is very, very slow in making this a priority. One would even think that many of these tactics are a strategy to slow the process and cover the tracks of those convicted.
With all the hype happening around SABL, are we sure land owners are driven to timber processing projects? Could this be another SABL scheme on SABL debated land? It is important we know what we are inexpensively signing before everyone pays the hefty price of recouping one mans mistake.