PM wants a Smarter TLTB
05 Tuesday Nov 2013
Posted in Articles & Reports
05 Tuesday Nov 2013
Posted in Articles & Reports
01 Friday Nov 2013
Posted in Articles & Reports
Maligning the “old politicians”
Professor Wadan Narsey
November 2013
Since 2006, it has become a popular pastime for every Tom, Dick, and Harry to malign the “bad old politicians” of Fiji, and this trend will no doubt become a frenzy as “new politicians” offer themselves.
Many who write thus to the media are perhaps too young or ignorant to know what the “old politicians” did or did not do, compared to the new politicians.
But one does not expect the same song from Sir James Ah Koy, himself an “old politician” who personally benefited from the political largesse of several “old politicians” and Prime Ministers of Fiji (and received a knighthood from PNG “old politicians”).
Of course, such a message about “bad old politicians” is useful propaganda for a government which strangely contains a couple of “old politicians” (like Bole and Kubuabola), yet still claims it is the “first” government to do anything worthwhile for Fiji.
Nevertheless, it is the solemn responsibility of the older generation to set the record straight about what the old politicians did or did not do, compared to what the new politicians are doing.
It is also useful for future voters to examine the political record of “old politicians” like Ah Koy, who was once a Minister of Finance in Rabuka’s Government, and who is offering himself up again as a “new” politician.
Ah Koy as “new politician”?
Some political historians might scratch their heads at how Ah Koy once entered Parliament as a Chinese “General” voter, then later managed to get elected as an indigenous “Fijian” MP for Kadavu, then rediscovered his Chinese roots to become Ambassador to China, and is now offering himself as a “born-again” new politician, ready to serve in Commodore Bainimarama’s Party-to-be.
Economic historians with nothing better to do, may scratch their heads as to how and why Ah Koy was appointed in the first place as Minister of Finance in Rabuka’s SVT Government, replacing a performing Mr Vunibobo.
But all economic historians (and future voters) must examine Ah Koy’s performance as Minister of Finance, and especially his disastrous decision to create the ATH telecommunication super monopoly, in order to sell Government’s shares to Fiji National Provident Fund (FNPF) at the inflated price of $253 million, thereby “coincidentally” covering the cost of the National Bank of Fiji (NBF) disaster. Continue reading
30 Wednesday Oct 2013
29 Tuesday Oct 2013
28 Monday Oct 2013
22 Tuesday Oct 2013
Posted in Articles & Reports
The Fiji government ( Which means Attorney General and Tourism Minister, Aiyaz Sayed-Khaiyum ) is still waiting for One Hundred Sands Limited to give their response on what it is doing in relation to the proposed casino just outside Denarau Island.
The $290 million hotel, casino and convention centre was supposed to open this month however construction work is yet to start.
Attorney General and Tourism Minister, Aiyaz Sayed-Khaiyum said the US$100,000 thousand US dollars per month penalty is in force and the government is waiting for the explanation.
Attorney General and Tourism Minister, Aiyaz Sayed-Khaiyum did not confirm how much money had actually been received. (What a surprise)
When he receives it perhaps he can use some to wash the egg off his face from being Claunched.
19 Saturday Oct 2013
Posted in Articles & Reports
The modern banking system manufacturers money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity, and born in sin. Bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of a pen, they will create enough money to buy it back again. Take this great power away from them, and all great fortunes like mine will disappear. And, they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves to the bankers, and pay the cost of your own slavery, then let bankers continue to create money, and control credit.
Sir Josia Stamp; former governor of the Bank of England
18 Friday Oct 2013
Posted in Articles & Reports
Clearly the EU cannot trust an administration that will breach basic contractual laws to steal money from their own Pensioners.
“The Deputy Director General of Europeaid Marcus Cornaro maintains that the 4 million Euros will be channeled through the Australia Pacific Technical College for the training of Fijians connected with the sugarcane industry. “
Questions have been raised on why the EU has decided to have this partnership with Australia.
Cornaro maintains that it is just about efficiencies in how the aid will be used.
“Commodore Bainimarama said the government believes that if the European Commission is genuine about development and assistance, it must reconsider its association with Australia Pacific Technical College and work with organizations such as the Fiji National University and the government to achieve the best results for all Fijians.”
Obviously Frank you do not count the existing FNPF Pensioners amongst the Fijians you refer to.
18 Friday Oct 2013
Posted in Articles & Reports
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.
The 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.
17 Thursday Oct 2013