Engan businessman

Fraud squad arrests Engan businessman

Yesterday, detectives from the National Fraud and Anti-Corruption Directorate (NFACD) arrested managing director for First National Real Estate Ltd, Martin Piason, aged 39 of Tsak village, Wapenamanda.

He was charged with one count of misappropriation of more than K1.3 million under the criminal code act and one count of money laundering under proceeds of crime act.

In a statement, fraud director Matthew Damaru said it is alleged K3 million was paid by the Ijivitari District Treasury to two companies for purported mobile health programs.