The Chief Executive Officer for Fiji National Provident Fund Aisake Taito today took the stand in the trial against former Deputy General Manager, Foana Nemani in the Suva High Court.
During cross examination by FICAC lawyer, Rashmi Aslam, Taito confirmed that he was present at the FNPF Board meeting on 7th December 2005 where Responsibility Allowance Policy for Manager level Principal and Team leaders were approved.
Taito told the court, that he is not aware whether the FNPF Board approved any Responsibility Allowance policy for those at the executive level.
What a FARCE a TOTAL FARCE, paying BONUS money to employees who are employed on a pay scale for positions of responsibility to accept responsibility. This is the same as paying them TWICE.. A clear abuse of pensioners funds by both the board and the management.
That ex banker and aspiring politician Mr. Thomas Ricketts is a member of the FNPF Board, remember this at the 2014 Elections.
IF YOU CANNOT TRUST A MAN WITH YOUR PENSION WHY TRUST HIM WITH YOUR VOTE.