Police freeze K214 million in suspected Western Province laundering case

Prime Minister James Marape has lauded the Royal Papua New Guinea Constabulary for executing a major blow against white-collar crime, successfully freezing K214 million suspected of being part of a massive money-laundering scheme.The funds, held in a professional trust account, were restrained via a court stay order under the Proceeds of Crime Act (POCA). Intelligence reports suggested the money—believed to belong to the people of Western Province rightfully—was on the verge of being moved into various subsidiary accounts.To access this post, you must purchase Web, Web – One-Day, Web – 14-Day, Web – One-Month, Web – Three-Month, Web – Six-Month, Web – Annual, Web & eBook, Web & eBook – One-Day, Web & eBook – 14-Day, Web & eBook – One-Month, Web & eBook – Three-Month, Web & eBook – Six-Month or Web & eBook – Annual. The post Police freeze K214 million in suspected Western Province laundering case appeared first on Post Courier.
2026-02-12 19:34:23