Sources increasingly suggest that logging concessions are used by corrupt politicians as a tool for building personal wealth. The Governor of the country's Oro province has been a vocal critic of the logging cartels operating in the region over the past decade, describing all such logging ventures as unlawful, as they don't have informed consent of landowners (and, indeed, a report by Chatham House has deemed at least 70% of logging in the country illegal). While loggers may seek specific tree species with high timber value (for example, Papua New Guinea rosewood (Pterocarpus indicus)), much of this logging activity nevertheless involves the indiscriminate felling of trees, which are subsequently taken to log yards and sorted through, with the high value timber selected at this stage. According to a 2017 National Risk Assessment by the Bank of Papua New Guinea, illegal logging in the country poses a significant threat to money laundering. The assessment stated that there are strong indicators of large-scale corruption and illegal logging in the forestry sector in the country which result in high levels of proceeds of crime. It is widely accepted that the problem is widespread and that the lost revenue is extensive. A 2021 report noted that according to online company filings in Papua New Guinea, the country's commercial banks have provided at least K300 million (USD 79 million) in available credit to the top five log exporting companies since 2000. However, nearly two-thirds of the registered financing transactions are for an unspecified amount, and the top five exporters only account for 52% of total log exports. As such, the total credit made available to the entire logging industry could reasonably be more than three times this amount.