The government will now leave it to the board of Fijian Holdings Limited to take the appropriate action in relation to certain deals at FHL.
Permanent Secretary at the Prime Minister’s Office, Colonel Pio Tikoduadua said the government itself will not take any further action.
Colonel Tikoduadua said proper assessments continue in relation to government appointees in companies to ensure that they are not involved in corrupt practices.
Meanwhile the remaining board members of Fijian Holdings Limited has now decided that the head of FHL should not have a post of Managing Director but be a Chief Executive Officer.
Newly appointed Acting FHL Chairman, Iowane Naiveli said this would mean that the CEO will not sit on the board compared to the previous practice.
He said the CEO would only report to the board.
Naiveli said anything in relation to the FHL investigation is being handled by the Prime Minister’s Office and he cannot say anything on the issue.
The FHL Board informed the South Pacific Stock Exchange last night that they have accepted the resignations of Kaloumaira and Qoro.
The board has also elected Nouzab Fareed as Acting CEO.
We have tried to contact Kaloumaira and Qoro however we have been unsuccessful.
Fijivillage received confirmation earlier this week that the Prime Minister had intervened in relation to certain matters at FHL which included alleged double salary packages and unauthorised entitlements of $155,000 and a company car being authorised for an outgoing Manager.
Story by: Vijay Narayan
Feature
Board to have final say on FHL matters
