Massive Gold Heist Strikes Port Moresby Security Convoy

In a brazen early morning heist in Port Moresby, armed robbers have orchestrated one of Papua New Guinea's largest thefts, making off with 25 gold bars and $315,000 in cash. The incident, which took place around 4:30 AM, involved two private security vehicles that were ambushed by a group of over ten armed assailants.

Police Commissioner David Manning confirmed the ongoing investigation into this significant robbery, emphasizing the scale and audacity of the crime. The convoy was reportedly intercepted near a roundabout, where a staged roadblock forced the lead vehicle to stop. Gunmen then threatened the security personnel, demanding they surrender their valuables.

The stolen gold included 20 bars from the Porgera Gold Mine, operated by New Porgera Limited, and five bars from Golden Valley Enterprise Limited. Although the precise value of the gold has yet to be established, experts suggest that the haul could be worth millions, depending on the bars' weight and purity.

Commissioner Manning indicated that the police were not notified of the convoy's movement beforehand, raising questions about the security protocols in place. Witnesses, including security crew members, are being interviewed as authorities intensify their efforts to recover the stolen goods.

Deputy Commissioner Donald Yamasombi likened the scale of this robbery to historical heists linked to notorious criminals, recalling similar events from the past. The investigation continues as police aim to bring those responsible to justice.

Source: www.abc.net.au