Knowledge (XXG)

Ministry of Finance (Papua New Guinea)

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In 2006, it came to light that between 2001 and 2006, Yer and several senior officials had been making false compensation claims of up to PGK780 million against the state. 700 claims were made by lawyers against the state and approved by the solicitor general and the finance secretary without being
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Yer made a claim in the name of his son for the sum of PGK700,000 through his lawyer, Paraka, which was paid in full. Pakara profited from the scheme by making three of the largest fraudulent claims. In addition, he was hired by the state and paid PGK41 million between 2003 and 2006 to act on the
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as Treasury and Minister of Finance. According to PNG media sources, the appointment was seen as a "disaster". O'Neill, the current Prime Minister of PNG, was allegedly involved in the National Provident Fund (NPF) Tower fraud, in 1999, in which millions of Kinas were stolen from the retirement
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Despite the Commission's decisive findings, little has been done by the government in response. No charges have been laid against the individuals named in the report and although Gabriel Yer was dismissed in mid-2011, he was reinstated to the position of finance secretary in December 2011.
667:. The Commission, led by Justices Maurice Sheehan, Cathy Davani and Don Manoa, was tasked with investigating the claims, establishing their legitimacy, the amounts illegally paid and to establish the roles of the solicitor general and the minister of finance, amongst other civil servants. 682:
The Commission's report was broadly damning and stated, "The plain conclusion is that in all but a handful of claims the statutory process has been grossly abused, allowing illegitimate and improper claims and excess payments and excessive payouts to be legitimized."
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is the department responsible for the "protection of public money" in Papua New Guinea (PNG). The ministry aims to improve "the transparency and accountability of the accounting and financial reporting and their frameworks" in the country. The ministry is led by a
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The Commission was suspended and restarted five times between September 2006 and September 2008 due to issues over financing. The Commission's 812-page report was published in October 2009 and presented to parliament in February 2010.
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Upon completion of the report, Paraka secured an injunction halting broader publication of the report. In defiance of the injunction, a blogger published the entire report in May 2010. injunction remains in place today.
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The report made 75 recommendations, including referring the matter to the police and the Ombudsman Commission for further investigation. It also recommended the criminal prosecution of 58 people.
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The commission recommended that O'Neill and other members of parliament should be prosecuted for stealing, amongst other offences, however O'Neill was never charged.
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At its tabling in Parliament, Somare commented that "people who read it, would shudder in awe" at the level of corruption in the finance department.
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For the past six years, the Ministry of Finance has been embroiled in a multimillion-dollar corruption scandal surrounding former finance secretary
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There was a Commission of Inquiry into the NPF, which concluded in 2002 that O'Neill "definitely benefited from proceeds of the NPF Tower Fraud".
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Following the revelation of the scam, a Commission of Inquiry was established by former Prime Minister of PNG
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Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. 1988Jan-June
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Chiefs of State and Cabinet members of foreign governments / National Foreign Assessment Center. Jan-Jun 1985
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http://bellschool.anu.edu.au/sites/default/files/publications/attachments/2015-12/BriefNote_2011_1_May_0.pdf
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The Commission of Inquiry Generally Into the Department of Finance (29 October 2009).
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state's behalf for claims made through other law firms.
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attack that locked hundreds of millions of dollars.
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Archived from 362: 39: 1314:Malum Nalu (13 December 2011). 698:Somare's Appointment of O'Neill 1: 337:2011–12 constitutional crisis 32:Politics of Papua New Guinea 1347:PNGEXPOSED (28 July 2010). 1231:PNG Exposed (15 May 2010). 1408: 721:The department suffered a 479:Christopher Seseve Haiveta 1351:. Papua New Guinea Blogs. 1299:Liam Fox (2 March 2010). 238:Administrative divisions 232:Administrative divisions 143:Leader of the Opposition 850:– via HathiTrust. 848:2027/osu.32435024019796 826:– via HathiTrust. 824:2027/mdp.39015073049234 742:Department of Finance. 258:Local-level governments 1303:. ABC Radio Australia. 297:Diplomatic missions of 1387:Ministries of finance 1211:www.parliament.gov.pg 1175:www.parliament.gov.pg 1132:www.parliament.gov.pg 1114:www.parliament.gov.pg 1096:www.parliament.gov.pg 1078:www.parliament.gov.pg 1060:www.parliament.gov.pg 1042:www.parliament.gov.pg 1006:www.parliament.gov.pg 988:www.parliament.gov.pg 941:www.parliament.gov.pg 905:www.parliament.gov.pg 884:www.parliament.gov.pg 866:www.parliament.gov.pg 771:www.parliament.gov.pg 678:Findings and response 659:Commission of Inquiry 369:New Guinea portal 1193:One Papua New Guinea 425:Ministers of Finance 1336:. PNG Exposed Blog. 1288:. PNG Exposed Blog. 1273:. PNG Exposed Blog. 1250:. PNG Exposed Blog. 623:Yangakun Miki Kaeok 607:, acting, 2022-2023 415:Minister of Finance 410:Ministry of Finance 301:in Papua New Guinea 129:National Parliament 1369:. 27 October 2021. 1026:. August 10, 2012. 955:"Finance Ministry" 665:Sir Michael Somare 533:John Tongri Hickey 503:Jacob Klewaki Wama 651:tested in court. 403: 402: 314:Visa requirements 273:Foreign relations 150:Political parties 16:(Redirected from 1399: 1371: 1370: 1359: 1353: 1352: 1344: 1338: 1337: 1329: 1320: 1319: 1311: 1305: 1304: 1296: 1290: 1289: 1281: 1275: 1274: 1272: 1263: 1252: 1251: 1243: 1237: 1236: 1228: 1215: 1214: 1203: 1197: 1196: 1185: 1179: 1178: 1167: 1161: 1160: 1158: 1157: 1142: 1136: 1135: 1124: 1118: 1117: 1106: 1100: 1099: 1088: 1082: 1081: 1070: 1064: 1063: 1052: 1046: 1045: 1034: 1028: 1027: 1016: 1010: 1009: 998: 992: 991: 980: 974: 969: 963: 962: 957:. 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PNG Exposed. 1216: 1198: 1180: 1162: 1137: 1119: 1101: 1083: 1065: 1047: 1029: 1011: 993: 975: 964: 961:on 2009-08-11. 946: 928: 925:on 2008-04-10. 910: 889: 871: 853: 829: 805: 776: 753: 750:on 2012-04-26. 733: 732: 730: 727: 718: 715: 699: 696: 679: 676: 660: 657: 636: 633: 631: 628: 627: 626: 620: 619:, acting, 2024 614: 608: 602: 596: 590: 584: 578: 572: 566: 560: 554: 548: 542: 536: 530: 524: 518: 512: 509:Mekere Morauta 506: 500: 494: 488: 482: 476: 470: 464: 461:Geleva Kwarara 458: 452: 449:Philip Bouraga 446: 440: 437:Barry Holloway 434: 426: 423: 401: 400: 398: 397: 390: 383: 375: 372: 371: 359: 358: 352: 349: 348: 345: 344: 339: 333: 331:Related topics 330: 329: 326: 325: 322: 321: 316: 311: 304: 303: 292: 291: 290: 289: 276: 271: 270: 267: 266: 263: 262: 261: 260: 255: 250: 245: 234: 231: 230: 227: 226: 223: 222: 221: 220: 215: 213:National Court 207: 204: 203: 200: 199: 196: 195: 194: 193: 191: 190: 185: 180: 173: 164: 161: 160: 157: 156: 153: 152: 147: 146: 145: 140: 125: 122: 121: 118: 117: 114: 113: 112: 111: 104:Prime Minister 101: 95: 92: 91: 88: 87: 84: 83: 82: 81: 71: 70: 69: 58: 53: 52: 49: 48: 45: 44: 36: 35: 30: 24: 14: 13: 10: 9: 6: 4: 3: 2: 1404: 1393: 1390: 1388: 1385: 1384: 1382: 1368: 1367:Bloomberg.com 1364: 1358: 1355: 1350: 1343: 1340: 1335: 1328: 1326: 1322: 1318:. 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Index

Minister of Finance of Papua New Guinea
Politics of Papua New Guinea

The Crown
Monarch
Charles III
Governor-General
Bob Dadae
Cabinet
Prime Minister
James Marape
National Parliament
Speaker
Job Pomat
Leader of the Opposition
Political parties
elections
2012
2017
2022
National Court
Supreme Court
Administrative divisions
Regions
Provinces
Districts
Local-level governments
Foreign relations
Minister
Soroi Eoe

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