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

FIRED: Finance Minister Revokes Adish Naidu’s FNPF Board Directorship After ‘Adish Naidugate’ Warehouse Tender Conflict Scandal. FICAC takes over investigation from Fiji Police after Fijileaks hands over Documents

20/5/2026

 
Picture
"The FNPF is not an ordinary commercial body. It is Fiji’s national retirement fund, holding the lifetime savings of thousands of contributors. Procurement processes involving the Fund therefore demand the highest standards of transparency, disclosure, and fiduciary integrity. The removal of Adish Naidu is therefore not merely an administrative reshuffle. It is the first major institutional casualty of the “Adish Naidugate” affair. And it may not be the last."

Picture
Picture
Picture
Picture
The political and governance fallout from the “Adish Naidugate” scandal has now culminated in the removal of Adish Naidu from the Fiji National Provident Fund Board.
​

In a letter dated 19 May 2026, Finance Minister Esrom Immanuel formally revoked Naidu’s appointment as a member of the FNPF Board with immediate effect, following advice from the Reserve Bank of Fiji and pursuant to section 11(5) of the FNPF Act 2011.

The dismissal comes weeks after Fijileaks revealed documentary evidence linking Naidu, while serving as an FNPF Board Director, to a consortium embedded in the controversial Grantham Plaza warehouse consultancy tender process. 

The Minister’s letter stated plainly: “Following the advice from the Reserve Bank of Fiji and pursuant to section 11(5) of the FNPF Act 2011, your appointment is hereby revoked with immediate effect.”
​

The decision marks a dramatic departure for a figure who, until recently, sat at the centre of FNPF investment and procurement oversight while simultaneously allegedly appearing within a tender structure seeking to secure Fund-related work.

The Story That Triggered the Departure

Fijileaks had previously published a detailed chronology of the Grantham Plaza warehouse tender saga, revealing how a consortium involving Pola Designs, Yellow Architects, Green House Engineering, and NAL Civil & Structural Engineers had aligned itself during a live procurement process. 


Among the signatories to the Letter of Intent dated 30 June 2025 was Adish Naidu, identified as Director of Yellow Architects.
​
At the time, Naidu was also serving as an FNPF Board Director.

Internal FNPF governance reviews later concluded that Naidu’s involvement should have been declared as a conflict of interest under the FNPF Act. The review reportedly found:
  • Naidu had been listed as key personnel in the NAL tender bid;
  • The bid documents declared no conflict of interest;
  • The Tender Evaluation Committee had failed to detect the issue during much of the procurement cycle. 

By March 2026, internal governance concerns escalated sharply. FNPF eventually halted the engagement process after concluding that proceeding with the tender would create unacceptable governance and conflict risks. 

From Public Pressure to Removal


Fijileaks had argued repeatedly that Naidu’s position on the FNPF Board had become “untenable in governance terms” and called upon the Finance Minister to intervene if Naidu refused to resign voluntarily. 

That intervention has now arrived.

The dismissal letter suggests that the matter had progressed beyond mere political embarrassment into a formal regulatory concern serious enough to attract Reserve Bank of Fiji advice and ministerial action.

The development also raises a wider question: whether further scrutiny will now extend to other individuals and entities involved in the tender structure and procurement process.

FICAC Investigation Looms

FICAC has now commenced inquiries into aspects of the halted warehouse tender process, including potential failures of disclosure, procurement irregularities, and the handling of conflict declarations.

The central issue remains whether a sitting fiduciary officeholder participated, directly or indirectly, in a procurement structure linked to the institution he was legally bound to govern independently.

The broader implications are profound.

FNPF is not an ordinary commercial body. It is Fiji’s national retirement fund, holding the lifetime savings of thousands of contributors. Procurement processes involving the Fund therefore demand the highest standards of transparency, disclosure, and fiduciary integrity.

The removal of Adish Naidu is therefore not merely an administrative reshuffle.

It is the first major institutional casualty of the “Adish Naidugate” affair.

​
And it may not be the last.

Editor’s Note: Adish Naidu claimed to Fijileaks that NAL in New Zealand and Pola Designs in Fiji had allegedly “stolen” the Yellow Architects rubber stamp and included his name in their tender bid without his knowledge. Both parties have been “hiding” from Fijileaks despite repeated questions sent to them.

Picture
Picture
Picture
​DISMISSED FNPF Director Naidu Now Entangled in $82,000 Sheraton Debt Controversy

The dismissal of Adish Naidu from the Fiji National Provident Fund Board over the “Adish Naidugate” tender conflict scandal has now cast renewed attention on another controversy already swirling around the former Board Director and Fiji Architects Association president.

At the centre of the second dispute is an alleged unpaid debt of approximately $82,000 owed to the FNPF-owned Sheraton Fiji Golf & Beach Resort following the Fiji Architects Association conference hosted at the luxury Denarau property.

Fijileaks had earlier revealed internal correspondence and claims indicating that the Sheraton Hotel had allegedly been pursuing payment from Fiji Architects Association president Adish Naidu and event sponsors after the conference bill reportedly remained outstanding. 
​

The controversy has become even more politically explosive because the Sheraton resort itself falls within the broader FNPF commercial empire.

Critics are now asking whether it was appropriate for a sitting FNPF Board Director to preside over an organisation allegedly owing substantial sums to an FNPF-owned hotel while simultaneously participating in high-level Fund governance.

The issue raises uncomfortable questions about corporate governance, fiduciary obligations, disclosure standards, and reputational conflicts.
​
Naidu’s removal from the FNPF Board followed advice from the Reserve Bank of Fiji and ministerial action under section 11(5) of the FNPF Act 2011 after the collapse of the Grantham Plaza warehouse consultancy tender process.

That tender became the focus of a major governance scandal after documents revealed Naidu’s alleged involvement in a consultancy consortium connected to the procurement exercise while he remained an FNPF Board Director.
​
Internal governance concerns reportedly concluded that the situation created a conflict serious enough for the tender process itself to be halted.

Now, attention is shifting to whether the Sheraton conference debt controversy represents merely poor organisational management or whether it forms part of a wider pattern of blurred governance boundaries involving public institutions, professional bodies, and commercial relationships linked to FNPF assets.

The coincidence is politically devastating.

In one controversy, Naidu allegedly appeared inside a consultancy structure linked to an FNPF procurement process.

In the other, he allegedly presided over a professional association facing demands from an FNPF-owned hotel to settle a substantial unpaid conference bill.
​
Together, the two scandals now threaten to deepen scrutiny not only of Naidu himself but also of the wider governance culture surrounding entities and individuals operating around Fiji’s most powerful statutory fund.

FICAC’s interest in aspects of the warehouse tender affair is therefore unlikely to silence questions surrounding the Sheraton controversy.

Instead, the former FNPF Director ADISH NAIDU may now find himself confronting scrutiny on multiple fronts simultaneously.
Picture
Picture
Picture
Picture
Picture
Picture
Picture

​www.fijileaks.com/home/the-adish-naidugate-fnpf-board-director-adish-naidu-at-centre-of-undeclared-conflict-that-halted-fnpf-warehouse-tender-he-should-voluntarily-resign-if-not-the-finance-minister-should-ask-him-to-resign

From Fijileaks Archive, 22 April 2026

Picture
Picture
Picture
Picture

“THE LETTER OF INTENT QUESTION”: If Adish Naidu Claims His Rubber Stamp Was ‘Stolen’ for the FNFP Warehouse Tender, How Did Sunil Chand Obtain Yellow Architects’ Support Letter for the Nabavatu Tender?

*Adish Naidu told Fijileaks that NAL and Pola Designs allegedly stole Yellow Architects’ rubber stamp and inserted his name into the FNPF warehouse tender documents without his knowledge. However, he has yet to explain how Sunil Chand, the cousin of former Finance Minister Biman Prasad, came to possess and submit a formal Letter of Intent from Yellow Architects in support of the Nabavatu housing tender.
Picture
Picture

The Lotus Connection: Biman Prasad’s Undeclared Directorships and the 5 September FICAC Drama
*Meanwhile, Biman Chand Prasad repeatedly failed to declare in his statutory declarations, from 2014 onwards, that he was a co-director of Lotus Construction (Fiji) Ltd alongside his cousin, Sunil Chand.
​*FICAC had allegedly been preparing to charge him on 5 September 2024 before the process was disrupted following the arrest and subsequent release of Barbara Malimali after the intervention of prominent Fiji lawyers earlier that morning.

Picture
Picture
Picture

*In 2016, his cousin and business partner Sunil Chand transferred another 45% shares to Biman Chand Prasad, making him a 50% shareholder in Lotus Construction (Fiji) Ltd. He did not disclose the transfer of these shares nor disclosed that he was a DIRECTOR of Lotus (Fiji), a company that was building those 28 VILLAS.
*In 2016, Biman Prasad and his wife Rajni Kaushal Chand also sold a Suva property to Lotus (Fiji), and in exchange the company paid the Capital Gains Tax, and Mrs Prasad got two villas - again these two villas were not declared in the statutory declarations.

Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture
Picture

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

    Archives

    June 2026
    May 2026
    April 2026
    March 2026
    February 2026
    January 2026
    December 2025
    November 2025
    October 2025
    September 2025
    August 2025
    July 2025
    June 2025
    May 2025
    April 2025
    March 2025
    February 2025
    January 2025
    December 2024
    November 2024
    October 2024
    September 2024
    August 2024
    July 2024
    June 2024
    May 2024
    April 2024
    March 2024
    February 2024
    January 2024
    December 2023
    November 2023
    October 2023
    September 2023
    August 2023
    July 2023
    June 2023
    May 2023
    April 2023
    March 2023
    February 2023
    January 2023
    December 2022
    November 2022
    October 2022
    September 2022
    August 2022
    July 2022
    June 2022
    May 2022
    April 2022
    March 2022
    February 2022
    January 2022
    December 2021
    November 2021
    October 2021
    September 2021
    August 2021
    July 2021
    June 2021
    May 2021
    April 2021
    March 2021
    February 2021
    January 2021
    December 2020
    November 2020
    October 2020
    September 2020
    August 2020
    July 2020
    June 2020
    December 2018
    November 2018
    October 2018
    January 2018
    December 2017
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    April 2015
    March 2015
    February 2015
    January 2015
    December 2014
    November 2014
    October 2014
    September 2014
    August 2014
    July 2014
    June 2014
    May 2014
    April 2014
    March 2014
    February 2014
    January 2014
    December 2013
    November 2013
    October 2013
    September 2013
    August 2013
    July 2013
    June 2013
    May 2013
    April 2013
    March 2013
    February 2013
    January 2013
    December 2012
    October 2012
    September 2012