Mystery of Taiwan’s millions for PNG

3/5/08

More than $30 million vanished into private hands when Taiwan tried to forge diplomatic ties with Papua New Guinea, a scandal that could hurt the island’s image and embarrass the departing President. Taiwan’s foreign ministry has asked prosecutors to pursue two foreign nationals appointed in 2006 to offer PNG $T1 billion ($35 million) in aid, the Foreign Minister, James Huang, told a news conference yesterday. The aid was meant to persuade PNG to ditch ties with China in favour of Taiwan.

See: http://www.smh.com.au/news/world/mystery-of-taiwans-millions-for-png/2008/05/02/1209235156041.html

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