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LOTUS(Fiji) the BANKER. Coalition government Finance Minister BIMAN Prasad and his wife Rajni Chand sold Burerua St property for $550,000 in exchange for Lotus to write off their bank loan, pay CGT and get 2 villas

18/9/2024

 

Fijileaks: We call on FICAC's investigating officers to file new charge against Fiji's FINANCE MINISTER BIMAN PRASAD for failing to declare in his statutory declarations that his wife Rajni Kaushal Chand owned two units (Units 7 & 9) worth $300,000 in 'Westfield Villas', Legalega, Nadi.
*Rajni Kaushal Chand got the 2 units on 4 May 2017 when Biman Prasad was still Chairman, Public Accounts Committee, in Fiji's Parliament.

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*Despite obtaining a valuation after re-zoning in 2015 that Burerua St property, with proposed building of 14 flats, would be worth over $2.8 million, the couple sold the property in 2016 to Lotus (Fiji) and Sunil Chand for $550,000.
*Prasad is a full 50% shareholder in Lotus (Fiji).
*Let us do the figures, from sums obtained from Lotus (Fiji) ANZ Bank account, and other documents that we obtained in the course of our investigation into 'BIMANGATE'.
*As revealed below, Lotus (Fiji) pays on 25 March 2016, and 1 March 2016 the following:
*STAMP DUTY:                                                              $16,645.05
*ANZ Loan for Biman Prasad and Rajni Chand :       $236,806.65
*Balance as Biman Prasad's Contribution:                  $296,548.30
TOTAL:                                                                             $550,000.00

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*What happened to Biman Prasad's  $296,548.30 balance from $550,000?
On 4 May 2017, Rajni Kaushal Chand is transferred TWO UNITS ($150,000 each) to the sum of $300,000.
*Biman Prasad has not disclosed these two units in his Statutory Declarations from 2017 to 2024.
*He must be forced to RESIGN, and FICAC must charge him. Any interference from Barbara Malimali and Prasad's shadowy supporters should be referred to the Fiji Police, for attempting to pervert the cause of justice. In Malimali's role as new FICAC Commissioner, for Abuse of Office.
*Electoral offences are criminal in nature, with heavy fines and imprisonment. Prasad consistently and prolifically lied in his statutory declarations under the Political Parties Act 2013.

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*We once again call on Prime Minister Sitiveni Rabuka to sack Prasad and hand him to Fiji Police for investigation for alleged tax offences.
*Yes, conduct an inquiry, but the investigation should establish which persons were behind preventing FICAC from arresting Biman Prasad.
*He must also be charged for failing to declare to the FEO that his wife, along with his chamca Ganesh Chand and Hirdesh Sharma, was (is) a TRUSTEE of the Global Girmit Institute. It is clear he had deliberately set out to LIE in his statutory declarations.
*He is not your ordinary man on the street. He is the so-called former Professor of Economics, was FRCS Board Member (2005-2006) and was Chairman of Public Accounts Committee from November 2014 to May 2017 when he was unceremoniously dumped by FFP, and replaced by FFP's Lands Minister Ashneel Sudhakar.
*How come he didn't remember his WIFE buying two units worth $300,00 from Lotus (Fiji) and Sunil Chand. Our sources claim that the couple are frequently at the 'Westfield Villas', for the 28 units have been sub-leased to Rajni Kaushal Chand.
*Biman Prasad with a security guard at the Westfield Villas', Legalega, Nadi.

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ROLLING IN DOLLARS and yet got LOTUS (Fiji) to pay CGT of $34,6000

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DOWN MEMORY LANE: In the late 1970s and early 80s, I was a prolific centre-forward for the multi-racial Raiwai-Rawaiqa soccer team, the Blue Leads. Some players and their supporters were from Burerua St. Growing up in Raiwaqa, we never heard anyone shouting on Burerua St, where we spent hours kicking the ball and 'groging':
“Gali gali me shor hai, Shree 420 on Burerua St,
Sala Maha Chor Hai.”

But, then, greed, money, and power were never our priorities. Most of our lads from Burerua St in Blue Leads soccer team were from Indo-Fijian Muslim families.
The original owners of the Burerua St property (CT11097) were Jaffar Ali, Mansoor Ali, Subhan Ali, and Mohammed Ali (sons of Abdul).

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