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Rajeshwar Singh removed from ATS board

Rajeshwar Singh removed from ATS board
Rajeshwar Singh is no longer on the board of directors of Air Terminal Services because he breached his fiduciary duty as a director.

Attorney General Aiyaz Sayed-Khaiyum said because of Singh’s fiduciary duty as a member of the board, he had a responsibility to put ATS’s corporate interests first and foremost.

Sayed-Khaiyum said he failed to put ATS first when he stood with the FTUC’s delegation in Australia, which called for Australians to boycott travel to Fiji.

To boycott travel to Fiji would directly hinder Fiji’s economy through a decline in arrival numbers. This would have also adversely affected ATS’s business, since it provides terminal services to airlines, including Air Pacific.

This is not a “conflict of interest” issue.

This is a breach of duty as a board member.

Even though Singh is no longer on the board, the FTUC maintains representation as a shareholder through the alternate director.

The worker shareholder continues to be represented on the board of ATS.

FTUC’s statement is rife with inaccuracies, which clearly demonstrates a lack of understanding of good corporate governance, the realities of the economy, and job creation, to name a few areas.


Story by: Ronal Deo

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