The Suva Magistrates Court has given time to the Prosecution to serve both counsels the second phase of the disclosures by the closure of business today in the case of former Chief Executive Officer of the Fijian Broadcasting Corporation, Riyaz Sayed-Khaiyum and Chief Financial Officer, Vimlesh Sagar.
Sayed-Khaiyum and Sagar appeared before Suva Magistrate Krishan Prasad today.
Riyaz Sayed-Khaiyum is charged with one count of abuse of office and one count of general dishonesty causing a loss, while Vimlesh Sagar is charged with one count of general dishonesty – causing a loss.
In a separate case, Sayed-Khaiyum is charged with one count of abuse of office and one count of general dishonesty – causing a loss, while Sagar is charged with one count of general dishonesty – causing a loss.
Sagar's lawyer had asked the Court for a change in the surety of his client, and the court agreed.
It is alleged that between 1st July 2017 to 31st January 2023, while being employed as the CEO of FBC, Sayed-Khaiyum abused his office, did arbitrary acts namely initiated five legal proceedings on behalf of FBC without the knowledge and approval of the Board of Directors which amounted to $138,813.
It is also alleged that between 1st July to 31st January 2023 Riyaz Sayed-Khaiyum dishonestly caused a loss to FBC by pursuing legal cases which were not in interest of the company amounting to $138,813 knowing that the loss would occur or that there was a substantial risk that the loss would occur to FBC.
Meanwhile, it is alleged that between 1st January to 31st December 2023 Sagar dishonestly caused a loss to FBC by approving payments made to R Patel Lawyers without the Board of Director’s approval amounting to $15,075 knowing that the loss would occur or that there was a substantial risk that the loss would occur to FBC.
The matter has been adjourned to 31st October.
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