News

1 of 3 former executives from a major supermarket chain admits to money laundering

1 of 3 former executives from a major supermarket chain admits to money laundering

One of the three former executives of a major supermarket chain charged with money laundering has admitted to the offence in the Suva High Court.

Abhisaeth Abhimaanu and Kavishay Abhimaanu have pleaded not guilty to the charge while Amrita Anand has pleaded guilty.

They are each charged with one count of money laundering.

Justice Vinsent Perera has set the trial to start on 3rd February next year.

Abhisaeth Abhimaanu is the company's former Chief Finance Officer, Kavishay Abhimaanu is the former CEO and Amrita Anand is the former Human Resources Payroll Clerk.

The three allegedly paid additional salaries to themselves which was picked up during an internal audit conducted by the Fiji Revenue and Customs Service in 2017.

The matter was then referred to the Criminal Investigations Department's Anti-Money Laundering Unit.

Abhisaeth Abhimaanu is alleged to have received more than $99,583.33, Kavishay Abhimaanu is alleged to have received $56,250 while Amrita Anand is alleged to have received more than $35,250.

ADVERTISEMENT

MH Moneygram
MH Online Shopping Banner

Stay tuned for the latest news on our radio stations

CFL radio frequencies
Scoreboard
3:00 pm
Nadi vs Nadroga
1:00PM
Namosi vs Nasinu
Full Time
Coventry 0–1 Fullham
Full Time
Arsenal 2–0 Everton
Full Time
Chelsea 0–2 Spurs
5:30PM
Fiji Bati vs New Zealand
2:20pm
Bulikula vs France