Public servants living beyond their means to explain

News that matter in Papua New Guinea

Public servants living beyond their means to explain

PORT MORESBY: Public servants living with unexplained wealth will now be investigated and prosecuted by the state, Immigration and Border Security Minister Bryan Kramer says.

This follows the passing of the Proceeds of Crime Bill 2022 in Parliament on Thursday (April 21, 2022).

The bill, when gazette, also covers provisions on unexplained wealth for current or previous wealth of a person.

“The unexplained wealth provision will be used against a person whose wealth exceeds that which cannot be explained by their legitimate income,” Kramer said.

The news update was reported by The National:

Workers to explain wealth

April 25, 2022The NationalMain Stories

PUBLIC servants living with unexplained wealth will now be investigated and prosecuted by the state, Immigration and Border Security Minister Bryan Kramer says.
This follows the passing of the Proceeds of Crime Bill 2022 in Parliament on Thursday.
The Bill, when gazetted, also covers provisions on unexplained wealth for current or previous wealth of a person.
“The unexplained wealth provisions will be used against a person whose wealth exceeds that which cannot be explained by their legitimate income,” Kramer said.
“The state will need to demonstrate to the court that it has legitimate grounds for suspecting that a person has unexplained wealth and they must provide appropriate explanation proving that the wealth was acquired legitimately.”
The law will apply to public officials who have engaged in one or more indictable offences without giving sufficient explanation.
“The state may apply to the court for an unexplained wealth order against a public official,” he added.
Kramer said the value of the unexplained wealth would be calculated by subtracting the person’s lawfully acquired wealth from their total wealth and the amount calculated must be paid to the state under the law.
He said the law would strengthen provisions concerning cross-border movement of currency and other items of value, provide new powers on confiscation, and measures to combat money laundering.

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