THE DAY KHAIYUM SENIOR FEARED WILL NEVER COME: As ANZ Bank prepared Bankruptcy advertisement notice for local media against Aiyaz Khaiyum, the Tappoos came to the rescue!

7/10/2014

10 Comments

Documents and notes supplied to Fijileaks show how close FijiFirst Party general secretary and then and now Attorney-General and Minister for Justice Aiyaz Khaiyum was on the verge of being declared bankrupt for failing to keep with up his mortgage repayments on his Berry Road property in Suva - in 2009, ruin, shattered career and bankruptcy stigma starred at Khaiyum as his family desperately begged businessmen and other associates to bail him out, and to stop the bankruptcy notice from being published in the Fiji Sun; in the end the Tappoos stepped in and bought his property worth $400,000 for a staggering $810,00 in return for duty free concessions and other perks; the difference was to pay the re-mortgage loan Khaiyum had taken but could not find money to meet up with his re-payments to ANZ Bank - the sweet deal was made through Tappoos' Bright Star Investments Ltd and Aiyaz Khaiyum's Latifa Investments Ltd. More details to follow soon! How Suva City Council, which had rejected the name Tappoo City, fearing that people would think Suva was being renamed, was over ruled by Khaiyum.
Also HOW and WHY a part of Churchill Park was given to Tappoos for new commercial development; all approved by Cabinet after Parveen Bala was asked to submit paper to Cabinet recommending this land deal as if Aiyaz Khaiyum had no hand in it! Bala is now the new FFP Minister for Local Government, Housing and Environment

10 Comments

brigand rule link

7/10/2014 12:55:45 pm

Brigand rule. that is the rule Fiji has now. with the political ELITE and the business ELITE teaming up to screw the people of Fiji. If the "politics of the past" was bad the politics we have now is rotten to the core!

scratching politics link

7/10/2014 02:17:03 pm

No more "politics of the past" only the same old same old I scratch your back you scratch my balls politics in the new Fiji!

one certainity link

7/10/2014 04:14:20 pm

there is one certainity in the new Fiji : the corrupt rich and powerful will continue to thrive under the "democratic" government of Bainimarama just as they had done in his dictatorship. Anyone who thinks otherwise, that Fiji will now be a corruption free accountable and transparent democracy,is still in dreamland.

the other kinda bamkruptcy link

8/10/2014 01:32:46 pm

And, who can save Khaiyum from moral bankruptcy?

oolala

9/10/2014 04:23:09 am

Does he need saving when he's exercising a fully informed, free will?

Surely, he could "just as easily" WILL himself out of continuing down that "morally bankrupt, gem-filled road, so the question ought to be: does he have the "SPINE" to do just that?
.
Obviously not. Or else Mr. Shamelessly Spineless wouldn't have come this far riding like an idiot on the corrupt tiger's back.

He has considered the stakes as way too high - to backtrack lest the tiger devour him amongst other things, or come clean and help rebuild the nation which he loves in his own weird way(!), on clear, solid ground. Oh what a tangled web he weaves...

sulu maketh the fijian link

8/10/2014 04:44:21 pm

In the sulu Kai looks more Fijian than Bai

Vijay Kumar

9/10/2014 01:41:29 am

Areh Bhagwaan ... you people going back to your same tactics ... bring down the business people! Tappoo's paid very cheap price for the property ... I should have bought it from Aiyaz. Today I would have been a millionnaire.

I think one thing that you people need to understand ... the business people work with the government of the day and the government of the day work with the business people. That is how it works here in Australia or Canada or America or New Zealand or anywhere!

Don't bring the business people down ...

I am defending them because all these 'Bombaiys' are the ones progressing the country.

Jacks in Nadi have given life to Nadi with Port Denarau. Tappoos have given a shit looking Suva city a new face.

So rather than attacking business people, please support them.

Vijay

Tomasi Koroi

7/10/2015 08:08:10 pm

If these are true, then these are damning revelations of corruption. If you have the evidences, what is stopping you from lodging a complaint to FICAC. In Guatemala, President is in Jail because of customs scam. Here the duty concessions is also a scam. You can also submit these to Public Accounts Committee. PAC deals with state assets. Duty and Churchill Park are state assets.

Anasa T link

7/10/2015 09:35:12 pm

The rich becoming rich,the rest like us becoming poor. Fuck social welfare food bank money laundering.

Kai colo

8/10/2015 12:10:19 am

Arae Wah wearing sunglasses inside parliament.
Kaiyum took a pay cut to join the illegal regime as AG.
That's called illegal service to the country.
Fijileaks should investigate kaiyum and Bala kickbacks from Tappoo.
Bala is known to ask for money for any favours granted to business community when he was Ba mayor and Lautoka city administrator

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THE DAY KHAIYUM SENIOR FEARED WILL NEVER COME: As ANZ Bank prepared Bankruptcy advertisement notice for local media against Aiyaz Khaiyum, the Tappoos came to the rescue!

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