‘K23 million for community colleges missing’

THE K23 million allocated for the community college concept by the government of Sir Michael Somare is missing, Treasurer and Finance Minister Don Polye said.
Polye was responding to questions by the member for Markham Koni Iguan who wanted to know if the K23 million allocated to the initiative was safe and if colleges had been established.
Polye said he did not know where the money had been held or where it had been diverted.
Meanwhile, he also maintained that K70 million RESI funds parked in a trust account for more than two years would be distributed equally among the disadvantaged districts.
Moresby South MP Dame Carol Kidu had asked why the government had decided to use the K70 million as political funds and paid only to 69 MPs.