These profits were achieved by stealing by stealing pensions from the aged and writing decrees to deprive them of their basic civil right to appeal through a court of law to rectify the injustice committed by the government of Prime Minister Voreqe Bainimarama, who whilst demanding that the world should treat him and his administration fairly, has not hesitated to support his Attorney General in writing decrees to breach pensioners contracts and put pensioners lives in jeopardy. 
Taito 2The Fiji National Provident Fund has recorded a net surplus of $293.4 million for the financial year ending June 30th 2013.

According to Chief Executive Officer Aisake Taito, this is an increase of $178 million from last year.

Taito said this was also a record year for FNPF contribution collection from 288,000 active members which is $342 million.

He added that investment income increased by $31 million for FNPF from $249 million while the total assets now stands at $4.2 billion.

Taito said the fund has also managed to credit a 5.5 percent interest to all members’ accounts.

Advertisements