The Money behind the Chainsaws

Report Calls Out Banks

The report reveals that these financial institutions have offered at least K300 million in available credit to the five largest exporters of tropical logs in PNG since 2000.

The report is titled The Money behind the Chainsaws was jointly compiled by ACT Now! and Jubilee Australia. According to ACT Now! Campaign Manager, Eddie Tanago, the money given by the banks to logging companies may be higher.