Pengal Isaac, 34, was arrested on the 19th of July in Port Moresby.
It is alleged between the 1st of July 2018 and 18 July 2018, he was employed by OM Holdings Limited as admin officer.
His responsibility involved preparing timesheets and assist the camp manager in any administrative roles.
During the period in question, Isaac falsely did timesheets for two former employees of the company who had left a year ago.
He submitted the timesheets for K1,268 to the payroll section for payment.
He also submitted timesheets for two of his colleagues who were at the time on leave and without their consent.
Police investigation revealed that all funds were diverted to a woman’s personal bank account who was not employed by OM Holdings Limited.
This account was used as a conduit to channel the money and in doing so, defrauded the OM Holdings Limited.
At the conclusion of the investigation, police picked him up at the Jackson’s airport, where he was taken to the National Fraud & Anti-Corruption Directorate office in Konedobu where he was interviewed.
After the arrest process was completed he was taken to the Boroko Police Station cells.