SECRETARY OF TREASURY WANTED FOR OFFICIAL CORRUPTION
Diari Vele Secretary of Treasury is wanted by Members of Task Force Sweep and National Fraud & Anti-Corruption Directorate to effect his arrest and lay formal charges of official corruption, misappropriation and fraud. Sources at the District Court confirmed warrant of arrest was issued on Wednesday 22nd July 2015. It's alleged Vele has gone into hiding after being tipped about his planned arrest. The charges against him relate to allegations he facilitated a secret transaction of K50 million through Bank of PNG to an Israeli Company LR Group for the purchase of two power generators on 19th of December 2013. It's alleged Vele acted on the written directions of Prime Minister Peter O'Neill to secure K50 million from the 2013 Budget and transfer the funds to Bank of PNG to facilitate the transaction. In doing so breached the proper processes under the Public Finance (Management) Act rendering the payment unlawful. Thus amounting to Official Corruption,