Blogs

How commercial banks have supported PNG’s destructive logging boom

Commercial banks operating in Papua New Guinea have given at least K300 million (AU$144 million) in available credit, since 2000, to the country’s five largest exporters of tropical logs, according to a new report, The Money Behind the Chainsaws, from Act Now! and Jubilee Australia Research Centre. 

Letting the Raven Fly: The failure to convict those charged with corruption offences.

Research into prosecutions for corruption in Papua New Guinea reveals that despite the enormous extent of the misappropriation of public funds only a tiny number of officials are ever charged and almost none end up being convicted or imprisoned.

This failure is likely one reason PNG shows no signs of overcoming its unenviable reputation as one of the most corrupt nations in the world and why allegations of corruption involving political leaders, the powerful and the wealthy remain rife.

Human rights abuses and bribery taint palm oil produced in Papua New Guinea

Global Witness

A two-year investigation shines a light on palm oil in Papua New Guinea, the notorious industry’s newest frontier. It reveals a litany of human rights abuses and the wide-scale destruction of tens of thousands of hectares of climate-critical rainforest, linked to major financial institutions including BlackRock, the world’s largest asset manager.