FIJI'S NEW CENSORS: FijiVillage deletes story 'Fiji Airways applies for a moratorium period on interest for their $53 million loan from FNPF' and runs apology from FNFP CEO to FA on Moratorium Period on Interest

Fijileaks: Now Aiyaz Khaiyum is boasting the Asian Development Bank will be lending Fiji Airways (reportedly $US50million) for the first time and it says a lot for Fiji Airways. What is this MAN putting up as surety - all his properties or Fiji Islands? It is time FNFP members just ROSE UP, stormed the FNFP Office and took control. After all, it is their MONEY, the GAMBLER is looting to make sure that Fiji Airways stays afloat

The Fiji National Provident Fund says Fiji Airways has applied for a moratorium period on interest for their $53 million loan which they took earlier this year. Details in regards to the moratorium period have not been revealed by the FNPF. FNPF’s CEO, Jaoji Koroi says they have given Fiji Airways a moratorium period on interest and the airline company continues to pay the principal amount
The FijiVillage, Thursday, 20 August 2020

GONE, GONE, GONE. FijiVillage removes its Thursday story from its website

The original posting on FijiVillage News, Thursday, 20 August 2020, and contents below

The Fiji National Provident Fund says Fiji Airways has applied for a moratorium period on interest for their $53 million loan which they took earlier this year. Details in regards to the moratorium period have not been revealed by the FNPF. FNPF’s CEO, Jaoji Koroi says they have given Fiji Airways a moratorium period on interest and the airline company continues to pay the principal amount. Koroi says their loan facilities are well secured and their current loan facility with Fiji Airways is guaranteed by government. He says there have been concerns from some members regarding the sustainability of the Fund in terms of assisting members through these tough times, as well as the management of the Fund’s business, particularly investments. Koroi says the Fund is well within its financial means to enable these withdrawals for members from their general accounts, while continuing to monitor and manage the impact of the pandemic on their business and operations. FNPF’s total assets is in excess of $7 billion with over $500 million in cash, and according to Koroi the Fund has the financial capability to meet their obligations to members.

https://www.fijivillage.com/news/AG-concerned-about-the-irresponsible-comments-about-Fiji-Airways-f4r5x8/