A prominent Australian lawyer, Greg Sheppard, has been arrested by Papua New Guinea police and faces a series of fraud charges.
Sheppard, director of Young & Williams Lawyers, was arrested Tuesday in Port Moresby.
He was charged with two counts of embezzlement and two counts of money laundering.
Police say the charges relate to Sheppard’s alleged involvement in the transfer of funds worth $14.5 million (52 million kina) in 2018.
These funds were part of the $75 million (K268 million) that was illegally withdrawn from a trust fund established to finance development projects in the western province of PNG, the Western Province People’s Dividend Trust Account.
Sheppard, who is 65, was previously arrested and charged by PNG police in January in connection with the same criminal investigation.
At the time, he was charged with two counts of conspiracy and two counts of false pretense.
So far, the defendant has been charged with a total of eight crimes.
Sheppard has done extensive work in PNG in recent years, most recently representing former Prime Minister Peter O’Neill and opposition leader Belden Namah, among other prominent leaders.