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POLITICAL 'MAKRAVA' IN PARLIAMENT: In one of the most outlandish outburst, Sitiveni Rabuka's post-election coalition partner (if he makes it) whitewashes Rabuka's role in collapse of NBF and blames Thompson

8/2/2022

 

'RATU MARA behind the 1987 Rabuka Coup' Moment in PARLIAMENT:

Shockingly, wagging his finger, NFP leader tells Khaiyum that he (Khaiyum) is afraid of Rabuka's People's Alliance Party thats gaining popularity. Biman Prasad claims blame lies with chairman Winston Thompson for the collapse of the NBF from which i-taukei elites and chiefs stole $372m. God forbid, if thats Prasad's judgment, the two (Rabuka-Prasad) must never be entrusted with taxpayer funds

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15 OCTOBER 2017

In 2010, the former governor of the Reserve Bank of Fiji, Sada Reddy, revealed to his listening accountants at the Fijian Resort that the taxpayers paid out a total $372million for the collapse of the NBF, and not $220 million, as it was originally stated when the bad loans were written off. In other words, $152million was left out of the figures revealed to the public in 1996.

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The Constitution Review Commission: Tomasi Vakatoka, Sir Paul Reeves and Brij Lal

BELOW: One Henry Enasio, Sydney, Australia, and his recollection of the nexus between Visanti Makrava, Kelemedi Bulewa, Rabuka's Attorney-General, and Colonel Paul Manueli that resulted in Rotumans gaining one separate seat in the 1997 Rabuka-Reddy Constitution of Fiji, drafted by the Australian-American citizen, the late Professor Brij Lal (who now as it turns out was NOT a Fiji citizen but was presented as Reddy's Indo-Fijian representative on the Constitution Review Commission). Rabuka's representative was the architect of the overtly racist 1990 Constitution, TOMASI VAKATORA. Tomasi Vakatora Jnr and Vakatora Holdings (owned by Tomasi Vakatora and family) owed collapsed National Bank of Fiji $1.4million. Tomasi Vakatora Jr owed $72,992.98 to NBF.
The family’s Vakatora Holdings Limited owed $1,350,000 to NBF.
Below, Henry Enasio's recollection in 2006:

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"Rabuka had appointed Visanti Makrava in December 1987, at the point of a gun. Makrava entered the NBF headquarters in Suva with a group of soldiers saying he had been appointed by the Brigadier, as Rabuka was then. At the time Makrava was manager of the NBF's Samabula branch where the army did its banking...The other link Rabuka had with the bank was through his friend and former army commander, Paul Manueli, who had become NBF chairman in January 1988. He was to stay in that position until June 1992 when he left to become Rabuka's Minister of Finance...Makrava certainly did Rabuka no favours when he was reported to have said, "If I open my mouth, half the Government goes, including the leader."

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