Maru made these comments at the 2016 Leaders Summit yesterday in Port Moresby.
He said banks are making super profits with 30% interest rates annually and not investing in helping the people of this nation.
He said the banks are closing their branches in the Pacific island nations because they are not making money and using PNG as their ‘cash cow’ to fund their operations.
“Time has come for us now to hold them accountable for charging super profits from our people.”
