Form of money laundering?

Letters

This is to the Bank of Papua New Guinea (BPNG) Governor Loi Bakani.
We understand that BPNG is taking tough measures on any forms of money laundering, hence we are bringing to your attention what we see as illegal and if BPNG has already taken note of.
From information gathered in Lae, including Morobe, there are street vendors doing illegal money sales or salim dinau moni compared to other provinces, including Port Moresby.
These street vendors are everywhere doing quick money sales and holding customer bank cards.
Almost sixty percent (60%) of public and private sector employees in Lae are trapped in this quick dinau moni scheme.
The only requirement is for the customer to hand over their bank cards and pin numbers for quick cash.
These vendors are driving around in tinted vehicles and are parking next to government offices and business houses doing their business while some of their counterparts are walking around doing the same.
The number of the vendors had increased with an estimate of 50-60 active vendors on the street.
Since they have cash on hand, the poor employees blindly hand in their bank cards with pin numbers for cash. The interest in 50%.
These illegal money sellers (vendors) are seen at all the ATMs in Lae.
They go in the ATM with bank cards from their customers to do their transactions and cause a queue.
This has become a daily norm and even the bank security guards do nothing.
This compromises banking policies on the use of bank cards – which are supposed to be kept confidential by the owner.
This issue has been raised to the BPNG’s attention but nothing has taken effect to date.
Can the governor of BPNG inform us, what policies or measure has BPNG taken to address this issue of illegal street money laundering or street dinau money scheme?
Can the governor clarify what measures the commercial banks had taken to protect their issued bank cards and the use of their ATM machines?
Formal responses from BPNG would be highly appreciated.
Furthermore, BPNG should ensure that the approaches taken are workable and not just another mere words or policy.

Concerned LFI,
Lae City, MP