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Port Moresby
May 15, 2021
Business Finance News

Second Arrest Made in the Abuse of NYDA Funds

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A second arrest has been made in regard to the abuse of K9.7million from the National Youth Development Authority.

Detectives from the National Fraud Directorate arrested and charged Winnie Milam with One count of Official Corruption, Conspiracy to Defraud and One count of Misappropriation.

The Director General of the National Youth Development Authority Joe Itaki was also arrested and charged on the similar charges on 12 April 2021.

It is alleged that in 2018 the National Youth Development Authority did a PIP submission for K31.3 million to the National Planning and Monitoring Department.

The funds were not expended on the project with Malim and Itaki signatories to the NYDA Operational Account held at BSP.

Malim currently held at the Boroko cells and will appear before the Waigani District Committal Court later this week to answer her charges.

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