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Australian lawyer arrested for third time in Papua New Guinea over alleged $100m fraud

Police say alleged misappropriation of funds the ‘single biggest fraud’ ever investigated by PNG force

An Australian lawyer has been arrested for the third time in Papua New Guinea over the alleged misappropriation of 268m kina ($AUD104m) from a trust fund linked to the controversial Ok Tedi mine, alongside three others.

Greg Sheppard, a former Queensland crown prosecutor, has previously been charged with eight counts of financial misconduct including money laundering. He was arrested and bailed in January and June.

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