9 Jan 2012

PNG's Amet accuses O'Neill government of illegal spending

7:13 am on 9 January 2012

Papua New Guinea's rival attorney general says poor fiscal management by the O'Neill government is seriously endangering the country's economy.

Sir Arnold Amet is part of the government cabinet appointed by Sir Michael Somare, which claims to be the legitimate government following a supreme court ruling last year.

Sir Arnold alleges that the Prime Minister Peter O'Neill and his Treasurer, Hon. Don Poyle, last year illegally spent US$300 million.

He says Mr O'Neill acknowledged through a loan bill in its 2012 budget that the funds had been used without a prior budget allocation.

Sir Arnold says the spending is cause for concern for every PNG citizen, especially if senior bureaucrats have been coerced into hiding the truth.