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

HOLDING KHAIYUM'S ACCOUNTANT CHUMS TO BOOK: NFP punished under his party decree but what about his FIA sanctioned accountants?

12/2/2016

1 Comment

 

NFP account was in order and also signed by a chartered accountant certified by FIA plus he is CPA Australia. The practicing certificate is something else which he did not have and, as indicated by Suva lawyer Richard Naidu, there is no requirement in the Decree for that. So as far was NFP was concerned, they did the right thing!

* We cannot resist dragging in Mahendra Chaudhry and his accountant Nalin Patel, who is accused of misleading FRCA about the 'Haryana Millions', and yet both Khaiyum and Fiji Institute of Accountants (FIA) have taken no action against Patel, not to mention FICAC, Police and
the Director of Public Prosecutions

* And what about the Australian accountants Khaiyum brought in to whitewash his then interim Finance Minister Chaudhry's tax file - were these Aussies FIA certified? Their ruling, contradicted by the Fiji High Court, exposes Khaiyum's fanatical demand that NFP accountants should have practicing certificate from FIA.
NALIN PATEL had one and yet it did not stop him:

Picture
Picture
Picture
Here is what Aiyaz Sayed had said in a press statement in March 2008:

Good morning ladies and gentlemen

Thank you for being here so early.

As you are aware following much speculation in the media about allegations against the Finance Minister, Mr. Chaudhry, the Prime Minister took steps to clear the air on this issue once and for all.

Despite the clearance last year by FIRCA in a report to the Prime Minister, allegations by the media and certain, usual individuals against the Finance Minister and the Government continued.

So in the interest of transparency, good governance and to dispel any untruths the Prime Minister on his own initiative identified and set up a three member independent team  to carry out an inquiry to yet again scrutinize Mr. Chaudhry’s tax details.

The team as you are also aware started its work on Friday morning.

The terms of reference for the team were:

1.    To establish whether the tax assessment by FIRCA in respect of Mr. Chaudhry between 2000 and 2006 was carried out in accordance with the Income Tax Act and any other relevant tax laws of Fiji; and,

2.    To establish whether there were any breaches of the Exchange Control Act by Mr. Chaudhry between 2000 and 2006 in relation to the tax assessment carried out by FIRCA.

The team was headed by Mr. Bruce Cowley. Mr. Cowley is a partner in the law firm of Minter Ellison in Brisbane Australia. He specializes in corporate law and governance. He is familiar with the laws in Fiji as he has carried out a number of assignments in Fiji since the SVT Government days. He is also a member of the International Bar Association.

The second member of the team was Mr. Russell Postle. Mr. Postle is a partner in the accounting firm of BDO Kendalls in Brisbane Australia. He is a tax specialist and is a member of the Forensic Accountants Special Group of the Institute of Accountants in Australia.

The third and final member of the team was Ms Taufa Vakatale. Ms Vakatale is an educationist, a former senior civil servant, a politician and was our first female Deputy Prime Minister. She is currently a member of the public accounts committee and a respected member of our community.

The team completed its assignment yesterday afternoon and handed the report to the Prime Minister late yesterday afternoon.

As the Prime Minister stated the independent inquiry team’s report would be made public in the interest of transparency, accountability and good governance.

This is what we are doing this morning.

The Prime Minister could have simply given you copies of the executive summary but he has decided to make available the entire report.

The executive summary addresses the many allegations that have been raised in the media.

The independent inquiry team has concluded that:

·        ‘..the tax assessments by FIRCA in respect of Mr. Chaudhry between 2000 and 2006 were carried out in accordance with the Tax Act and other relevant laws of Fiji; and,

·        The committee has not identified any breaches of the Exchange Control Act by Mr. Chaudhry between 2000-2006.

Let the Government make this very clear, this level of scrutiny and the fact that the findings into the confidential tax details of a Government member or any citizen of our country has been made public is unprecedented.

Yet, no previous Government, no previous Prime Minister has had the courage to do what this Government, what Prime Minister Bainimarama has done.

Yet, despite this initiative some people are still attempting to create doubts in the minds of the public about this Government’s genuine intentions to be totally fair, impartial and transparent.

The usual suspects were calling for investigations in Mr. Chaudhry’s tax details.  Now that we have done this, the same people are making allegations about the inquiry, its scope and the respected and professional members of the team."

When Justice Paul Madigan found Chaudhry guilty, did Khaiyum resign or suspend himself from holding any Cabinet portfolio? Of course not, for there are two laws - one for him and his chums, and one for others

Picture
Picture
1 Comment
Chiku
12/2/2016 10:22:42 pm

Aiyaz Sayed Khaiyum is a man of unfettered power in the " new " Fiji of his and his coupist mate Bainimarama's creation. He can do whatever he likes and he has been doing that without any check. The ball less media has displayed shameless cowardice in failing to hold him to account. In fact if the media is not singing praise of the dictator Bainimarama then it is singing praise of his main boy Khaiyum.
But Aiyaz Khaiyum has given good proof that he is not a man of integrity. He is a narcissistic, pathological liar. He has power BUT he has no credibility. Only his cronies and sycophantic supporters to feather their own nest regard him as a Demi- God.
He is no saint. He is a political scoundrel.

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    editor@fijileaks.com

    ARCHIVES

    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
    Picture
    Picture