Fijileaks
  • Home
  • Archive Home
  • In-depth Analysis
    • BOI Report into George Speight and others beatings
  • Documents
  • Opinion
  • CRC Submissions
  • Features
  • Archive

13th HIDDEN PLAYER ON THE FOOTBALL PITCH: It beggars belief that co-director SUNIL Chand of Lotus Construction (Fiji) Ltd hid Prasad's link when their company Lotus sponsored the DREKETI Soccer Team in 2015

2/9/2024

 
Picture
Picture
FIFA president, Gianni Infantino with Deputy Prime Minister and Minister for Finance, Strategic Planning, National Development and Statistics, Professor Biman Prasad and Fiji Football Association president Rajesh Patel during the opening of the King Pele Fitness Centre at the Fiji Football Association headquarters in Vatuwaqa, Suva on Saturday, August 05, 2023.
Picture

 *Biman Prasad and Sunil Chand had registered Lotus Construction (Fiji) Ltd on 15 March 2014. Prasad was one of two directors of Lotus (Fiji).

​*13th Hidden Player: 11 players+Sunil Chand+Hidden Biman Prasad=13
*In 2016, as director of Lotus Travels & Transfers, Prasad had put up a plot of land in Dreketi worth $60,000 as security to secure loan for LTT.

​From The Fiji Sun, 2 October 2015.

Picture

from Dreketi, Macuata, came to the rescue. 'I approached many people for sponsorship and finally Chand, who was born and brought up in Dreketi, understood our need and stepped forward to support  us,' team spokesman Jai Karan said.

Picture
Picture

*In its '2016 Lotus Tours & Transfers Ltd Business Proposal', the company was seeking for refinance of existing debts and additional funding for purchase of fleet for operation of car rental business from HFC Bank. The total debt subsequent to successful refinance and additional funding sought was stated at $802,500.
*The total funding, the 'Business Proposal' claimed would be secured against the following securities to be pledged by the company and the Directors (Prasad, Chand and Kumar) as follows:
* 1st Registered Mortgage Debenture
*First Registered Mortgage over Residential Property comprised in Crown Lease 12167, being Lot 25 on SO 1878, situated at Bulai Rd, Laucala Beach Estate, Suva, with current market valuation of $400,000. 
*First registered mortgage given by Biman Chand Prasad over residential property comprised in Certificate of Title 27032, being Lot 9 on DP 5799, situated at Matasawalevu, Dreketi, with current market valuation of $60,000.

Picture
Picture

From Fijileaks Archive, 5 August 2023

Picture
Picture
Picture
Picture
Picture
Picture
Picture

Comments are closed.
    Contact
    ​[email protected]
    Picture
    Picture
    Picture
    Picture