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Corruption in FEA at Electrifying speed. CEO Hasmukh Patel gets $100,000 back-pay and contract extension for three years ($360,00 per annum) whilst rest of management and engineers counting their cents

3/1/2014

14 Comments

 
By Fijileaks Investigative Team
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FIJILEAKS sources inside Pricewaterhouse Coopers Fiji tell us that the current FEA CEO and regime stooge Hasmukh Patel got his back-pay for 2013 paid into his bank account. It was two weeks ago.

This was whilst the rest of his senior management had no increment or bonus payment at all. The amount was over $100,000.

Meanwhile, Patel also recently got his contract confirmed and extended for another three years. According to PwC sources, he got his salary approved and recommended at $360,000 per annum. In fact, according to the sources, Patel gave the six-sum figure to PwC and got them to work around it and provide justifications why he should be at that salary and this was given to the Board by PwC.

The Board rubber-stamped it on endorsement from his crony and Public Enterprise Minister Aiyaz Sayed Khaiyum. The same is being done currently with FEA's GM Operations. PwC has been given a figure by Patel and they are preparing justifications to be submitted back to the Board for rubber-stamping

The PwC sources say Patel-Khaiyum-FEA Board behaviour is in sharp contrast to FEA's treatment of an engineer who has been with FEA for over 20 years. The engineer has resigned after his request for FEA to match his offer from Water Authority was refused. The engineer will start work with WAF after Patel refused to raise his salary by a mere $6,000 or match the offer by WAF.

And yet the same Patel is too eager to give into expatriates whenever they threaten to leave FEA:  he pays them $30-$40,000 extra to keep them in Fiji. The PwC sources say the FEA staff are so demoralised with such gross and naked double standards; only recently another FEA auditor got an increase of $20,000 on her salary and the key and crucial staff, the engineers, are ill-treated and ignored by Patel and the FEA Board, not to mention Aiyaz Khaiyum, their illegal ministerial line manager

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Hasmukh Patel full of electrifying energy - has to be for he is using his connection with Khaiyum as long as the illegal current is in the regime's favour
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UNDER VALUED and exploited while their CEO Patel and his cronies swelling their bank accounts with the blessing of Aiyaz Khaiyum and the FEA Board
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FEA warns of dire consequences for Copper cable thieves while its own CEO steals thousands from FEA Coffers

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And Fiji's self-appointed  dictator gets drunk with cronies on taxpayers expenses

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14 Comments
FEA Board Member
3/1/2014 03:28:00 am

Where is the evidence?

Reply
NIZAM UD DEAN
3/1/2014 12:25:23 pm

EVIDENCE will mean the same fate as that of KIM JONG UN'S uncle.....eaten by 120 hungry dogs,in this instance by 120 hungry solidiers

Reply
Pricewaterhouse Coopers Staffer
3/1/2014 04:42:26 am

Its up there, at Fijileaks, a highly reliable and respected website, and widely read by all and sundry - that is why we leaked the materials to Fijileaks

Reply
Has Victor thought it through ?
3/1/2014 01:56:11 pm

Victor, your sources at Price Water House will now probably lose a big account (and likely a whole lot more) thanks to your indiscretion.

Naming them as your source has probably put the whole Price Waterhouse contract with FEA into jeopardy and by extension the livelihoods of your sources (who you say are working there) as their firm loses trust.

If they can leak this information to you, then the question arises : what other information are they leaking to all sorts of other third parties ? Can they be trusted to do one's accounts ?

Does the phrase "reputational capital" ring a bell ?

tsk tsk tsk

Reply
Fijileaks Reader
3/1/2014 03:09:22 pm

Where does it say in the story that Victor Lal is the author of the above article?

PwC Staffer
3/1/2014 03:18:46 pm

It is very clear that our PwC top guns are colluding with illegal regime, Aiyaz Khaiyum and FEA CEO Patel to rip us and FEA customers by rubber-stamping the huge pay and back-pay to Hasmukh Patel

Frankly, I would prefer to lose my job at PwC than work for a company which has no ethics and morality - our company has compromised its reputation long ago.

Bainimarama's heart surgeon
3/1/2014 09:55:21 am

Pakistan's Musharraf suffers 'heart problem' on way to court

Soldiers patrol the Armed Forces Institute of Cardiology (AFIC) where former Pakistani President Pervez Musharraf is admitted for treatment in Rawalpindi January 2, 2014. All entry points to the hospital in Rawalpindi are sealed to the public
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The treason charges relate to his decision in 2007 to suspend the constitution and impose emergency rule.

Mr Musharraf denies the charges and says all the accusations against him are politically motivated.

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Pervez Musharraf (file image) Pervez Musharraf says the trial is politically motivated

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"Pervez Musharraf is a man of strong nerves, but he felt pain in the chest and doctors are examining him," said Mr Ranjha, the Associated Press reported.

The BBC's M Ilyas Khan, who was at court, says many people view the reports of his illness with scepticism, as they do the security scares which his defence team say prevented him from appearing in court on 1 January and 24 December.
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The defence team is arguing that Mr Musharraf cannot get a fair trial in Pakistan because current Prime Minister Nawaz Sharif is "biased" against their client.

Mr Musharraf seized power from Mr Sharif in a coup in 1999. He remained president until 2008, when a democratically elected government forced him to resign.

He left the country soon afterwards to live in self-imposed exile in Dubai and London.

On his return to Pakistan in March 2013, Mr Musharraf hoped he could lead his party into elections but was disqualified from standing

Reply
Rajesh
3/1/2014 10:46:01 am

Bai/Kai have cleaned up very well tax payers dollars and made fiji more corrupt under the regime. nizamu dean and paatel are khaiyum ass lickers.

Reply
Rajesh
3/1/2014 10:58:14 am

Fiji people need to vote Sodelpa in so we can investigate and lock this regime cronies and crooks.
Time people power get into action against these regime thugs .
Voters have to make the change so fiji can have demcracy again.
Victor keep the good work up mate.fijileak/c4.5 is better than our local fiji media who are sucking up to regime.
Victor should come after the election and lead the investigation team with fraud office/accountants . so we can expose the full corruption of bainimama and khaiyum regime so the fijians and world can see it.

Reply
undecided voter
4/1/2014 02:02:33 am

Will Sodelpa open up the corruption cases of previous administrations too? such as the NBF saga, Agriculture, PWD etc etc?

Reply
Kai Nakelo
6/1/2014 03:50:40 am

Are you the same "I'll donate my salary" Rajesh, assistant minister for something, who was sacked by SDL on orders from Ro Kepa.

Reply
Concerned Citizen
4/1/2014 03:57:28 am

PWC Fiji is no longer ethical and is a disgrace to the International Standards of Auditing and Accounting.....it no longer holds the right to be called PWC which is a worldwide brand that upholds ethical standards in execution of its staff duties in order for their audit and advisory opinions to hold integrity and free of bias.....

Reply
tomasi
5/1/2014 01:52:39 am

I think that the CEO of FEA deserves the pay. If we hired an expat, we would be ready to pay 3 times that pay of approx $1m.

As for back pay, isn't that normal.

Someone at PWC is very bitter that Jenny did not give him/her a pay rise.

Reply
Keep The Faith link
5/1/2014 12:37:00 pm

ROFLMAO @ comment above.

Sure Has-Schmuck Patel deserves it if he was worth his weight in gold but if he cannot even manage his primary accountabilities then FNPF customers and taxpayers are completely within their rights to question such an over-inflated pay packet and overrated abilities:
http://fijivillage.com/?mod=story&id=060114cc0837d52a099e88753a9f50

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