PC Online Tidbits

What do you do if your bank or financial institution invests your money in projects you do not support. Bluntly if they invest in "dirty money " what do you do? They should not think they have total control of your money. It is yours! In New England, churches have started pushing back against a bank, they consider their own, and have over USD14m invested in. Depositors are protesting the banks support for companies building ICE detention centres. The first warning shot took place over a week ago with USD1 million withdrawn in a day -withdrawals will continue till the bank changes its way. The people at work? For years we have suggested PNG have its very own Banking Ombudsman. Banks and Superfunds now sit on around K80 billion kina since 2024 according to the IMF, around 70% of GDP. That is no longer small change. The post PC Online Tidbits appeared first on Post Courier .

Original source: Post-Courier PNG