FATF grey-listing highlights financial oversight weaknesses in Papua New Guinea, prompting an audit into alleged misuse of public funds involving James Marape and setting a legal precedent via Paul Tiensten's case.
2 reports, 1 independent
Updated Aug 1
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What happened
FATF grey-listing highlights financial oversight weaknesses in Papua New Guinea, prompting an audit into alleged misuse of public funds involving James Marape and setting a legal precedent via Paul Tiensten's case.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- James Marape directed an audit to strengthen transparency on August 1, 2026.Sub-event
- A minister in Papua New Guinea faces an investigation for financial misconduct.Sub-event
FATF grey-listing exposes financial oversight weaknesses in PNG, leading to an audit of public funds and setting a legal precedent.1 source
Keep exploring
The entities involved
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Papua New Guinea
country in Oceania
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Financial Action Task Force
intergovernmental organization to combat money laundering and terrorism financing
- India holds the vice-presidency of the Financial Action Task Force (FATF), with an officer from the Madhya Pradesh cadre involved.
- South Africa is undergoing an assessment by the Financial Action Task Force (FATF) regarding its compliance with international standards to combat serious financial crimes.
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James Marape
Papua New Guinea politician