Documents and notes supplied to Fijileaks show how close FijiFirst Party general secretary and then and now Attorney-General and Minister for Justice Aiyaz Khaiyum was on the verge of being declared bankrupt for failing to keep with up his mortgage repayments on his Berry Road property in Suva - in 2009, ruin, shattered career and bankruptcy stigma starred at Khaiyum as his family desperately begged businessmen and other associates to bail him out, and to stop the bankruptcy notice from being published in the Fiji Sun; in the end the Tappoos stepped in and bought his property worth $400,000 for a staggering $810,00 in return for duty free concessions and other perks; the difference was to pay the re-mortgage loan Khaiyum had taken but could not find money to meet up with his re-payments to ANZ Bank - the sweet deal was made through Tappoos' Bright Star Investments Ltd and Aiyaz Khaiyum's Latifa Investments Ltd. More details to follow soon! How Suva City Council, which had rejected the name Tappoo City, fearing that people would think Suva was being renamed, was over ruled by Khaiyum.
10 Comments
7/10/2014 12:55:45 pm
Brigand rule. that is the rule Fiji has now. with the political ELITE and the business ELITE teaming up to screw the people of Fiji. If the "politics of the past" was bad the politics we have now is rotten to the core!
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7/10/2014 02:17:03 pm
No more "politics of the past" only the same old same old I scratch your back you scratch my balls politics in the new Fiji!
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7/10/2014 04:14:20 pm
there is one certainity in the new Fiji : the corrupt rich and powerful will continue to thrive under the "democratic" government of Bainimarama just as they had done in his dictatorship. Anyone who thinks otherwise, that Fiji will now be a corruption free accountable and transparent democracy,is still in dreamland.
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8/10/2014 01:32:46 pm
And, who can save Khaiyum from moral bankruptcy?
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oolala
9/10/2014 04:23:09 am
Does he need saving when he's exercising a fully informed, free will?
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Vijay Kumar
9/10/2014 01:41:29 am
Areh Bhagwaan ... you people going back to your same tactics ... bring down the business people! Tappoo's paid very cheap price for the property ... I should have bought it from Aiyaz. Today I would have been a millionnaire.
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Tomasi Koroi
7/10/2015 08:08:10 pm
If these are true, then these are damning revelations of corruption. If you have the evidences, what is stopping you from lodging a complaint to FICAC. In Guatemala, President is in Jail because of customs scam. Here the duty concessions is also a scam. You can also submit these to Public Accounts Committee. PAC deals with state assets. Duty and Churchill Park are state assets.
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Kai colo
8/10/2015 12:10:19 am
Arae Wah wearing sunglasses inside parliament.
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