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Australian taxpayer's money to PNG lost through corruption

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Huge amounts of Australian taxpayers' money, supposedly supplying aid to our third-world neighbour, is being lost to corruption.Australian aid is being lost to corruption, with an estimated $1.7 billion being stolen from Papua New Guinea's (PNG) budget annually.

The stolen money is then brought to Australia to be hidden in our banks and the Queensland property market.

Around 59 people have already been charged with corruption offences in PNG, and it is alleged much of their illegally obtained money is spent in Cairns.



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