$A400m missing from PNG finance dept

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More than 1 billion kina ($A400 million) has gone missing from Papua New Guinea’s finance department over the past 10 years.
The revelation by PNG’s Auditor General came alongside a warning that accounting and reporting systems in all government departments had collapsed.
Australia - which is PNG’s largest aid donor - had six senior bureaucrats and other advisors in the country’s finance department during the time the billion kina went missing. Read more
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