News Government

Check if the investors are real or fake - Saukuru

Check if the investors are real or fake - Saukuru
Source: Ministry of Youth and Sports FIJI

If people want to engage with overseas investors, they have to go through due diligence and check if the investors are real or fake.

This was highlighted by Minister for Youth and Sports, Jese Saukuru when questioned by fijivillage News whether the Minister has been updated on the investigation that is underway involving the Permanent Secretary for Sports and Permanent Secretary for Forestry by the Public Service Commission in regards to the $115 million wind turbine project signed between American based company Infinite Power Clean Energy Limited, the Ministry of Fisheries and Forestry and the Fiji Sports Council.

Earlier this month, the Public Service Commission Chair Luke Rokovada confirmed that they were examining the involvement of the two permanent secretaries in this project.

Rokovada says they had completed their investigation and signed the report that was given to the Office of the Prime Minister.

He says it is for them to decide what further action they will take.

Meanwhile, Saukuru says he had no idea on what transpired out of that agreement, but they would really love to see a lot of mutual arrangements where they can work with investors that come to Fiji.

He says when he came into the leadership role, he was not aware of the project.

Stay tuned for the latest news on our radio stations

CFL radio frequencies
LIVE SCORES
Eels 12–32 Rabbitohs Full Time
Titans vs Bulldogs 8:00PM
Broncos vs Roosters 10:00PM
Maroons 44–24 Blues Full Time
Maroons vs Blues 10:05PM
Norway 1–4 France Full Time
Senegal 5–0 Iraq Full Time
Cabo Verde vs Saudi Arabia 12:00am
BaFC vs LabasaFC 2pm
LautokaFC vs NavuaFC 4.30PM
Drua 50–17 Reds Full Time