THE PROOF: Aiyaz Khaiyum lied about his ASSETS declarations to the Supervisor of Elections and Ro Kepa wants action; Midlife Investments Ltd paid $100,000 to Faiyaz Koya & co for plot of land - not $80,000!
Aiyaz Khaiyum under-declared value of land by $20,000, declaring that he owned plot of land at Wailoaloa for $80,000 when it was worth $100,000
WHO OWNS MIDLIFE INVESTMENTS LTD? In Latifa Investments Ltd, Khaiyum gave his residential address as 40 Lovoni Rd, Suva; in the mortgage transfer document he lists Midlife Investments Ltd as registered at 40 Lovoni Rd, Suva; do Khaiyum family own Midlife and that is why he ordered Registrar of Companies to hide both Latifa and Midlife files from Fijileaks?
From Fijileaks Archive:
Faiyaz Koya did not allegedly disclose in his political election declaration that he is director and shareholder of MAH Enterprises (Fiji) Ltd
Khaiyum has also ordered Registrar of Companies to hide file on his family company Latifa Investments Ltd which sold his Berry Rd property in Suva to business tycoons, the Tappoos company Bright Star Investments Ltd for an inflated $810,000. Tappoos bought Khaiyum’s property at the ballooned figure in return for a deal which was revealed later in the 2010 budget. The deal was that tourists could claim back only from duty free shops owned by Tappoos, VAT on duty free items. A copy of the Land Transfer was lodged by a Suva law firm and signed by Khaiyum. It also carries the common seal or stamp of Latifa Investments. The document clearly shows that two lots owned by Latifa Investments were sold to BSI for $810,000. Khaiyum bought the property for $350,000 in 2005 and made a profit of $460,000 in three years. Tappoos had stepped in to avoid Khaiyum being declared a BANKRUPT.
From Fijileaks Archive: Did other FFP candidates also lie about assets?
The Supervisor of Elections should readily make available asset declarations of all election candidates for inspection; so far Khaiyum's nephew Saneen is hiding from Fijileaks!
15/10/2015 10:17:21 am
I say finis Aiyaz Sayed Khaiyum is a pathological liar. He has been lying from day one of his dubious and devious rise to power. The shame is that so many people particularly the intelligentsia believed his lies.
15/10/2015 10:41:54 am
It won't happen. The RFMF big boots - the Gestapo kind - are reserved for pro- democracy activists and Bainimarama- Khaiyum regime critics and opponents. The RFMF has become the private army of Fiji's thug rulers Bai and Kai. They are good only for bullying the ordinary citizens. They have no balls to put the big boots on the thugs who have taken the country to the dogs!
Nur Bano- Help us value Aiyaz's Property!!
15/10/2015 10:48:05 am
August 2006 - It was paid and therefore valued at $100k i.e. Aiyaz Khaiyum's OWN valuation.
15/10/2015 12:39:43 pm
PLEASE EMAIL ME NOW
15/10/2015 08:52:26 pm
Aiyaz Sayed Khaiyum did not become a party to Bainimarama's unlawful takeover of power to better the country and benefit its people. He did that to benefit himself. Fijileaks is providing evidence and confirmation of it, of ASK's self- serving dirty politics.
15/10/2015 10:36:13 pm
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