Anti-Financial Crime & Financial Crime Compliance
Regulatory Intelligence Leadership | Insight | Network

AML, Financial Crime, News

NEWS: Papua New Guinea officials admit they lack sufficient Police resources to tackle dirty money cases

By Alisha Houlihan for AMLi

Financial crime investigators in Papua New Guinea (PNG) have warned they lack sufficient resources to investigate the 5000 alleged money laundering cases recorded by the Bank of PNG. 

Acting Director of the national fraud and anti-corruption office, Chief Inspector Pare Kuiap, told the Post Courier that the office only has three police officers who also lack the investigative skills to handle the volume of cases. 

AML Intelligence
Subscribe now to have unlimited access

With our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!