*We were repeatedly told that he became a 50% shareholder in Lotus Construction (Fiji) Ltd in 2018. Lotus (Fiji) was formed by SUNIL CHAND, the former Fiji-born carpenter and joiner, who is also Director and Founder of Lotus Construction (Australia).
*On 15 March 2014, Lotus Construction (Fiji) was formed by Chand, with Biman Prasad gifted 5% shares in the company. They built the $4million Westville Villas in Nadi, that former FFP Minister Parveen Bala opened in early 2015. The villas were touted as suiting retirees who wanted to return to Fiji, and other prospective buyers.
*Yesterday, we revealed that the NFP leader, Deputy Prime Minister, and Fiji's FINANCE Minister Prasad had lied in his declarations to the Fiji Elections Office that he was the sole owner of CT1107 house.
*Our investigation reveal that the house was jointly owned by Biman Prasad and his wife Rajni Chand. The couple sold it to Lotus (Fiji) for $550,000 on 19 January 2016. In other words, Biman Prasad sold his house to his own company - Lotus Construction (Fiji).
*Our updated evidence reveal that on 2 November 2015 Sunil Chand transferred 45% of his shares from 95 per cent he held on 15 March 2014 to Biman Prasad, so both now had 50 per cent each shares in Lotus (Fiji)
*95-45 = 45+5=50% shares held by Biman Chand Prasad in Lotus (Fiji).
*One of his NFP MPs, SASHI KIRAN is running around Fiji as Chairperson of the proposed Truth and Reconciliation Commission.
*Truth and Reconciliation must begin with her own party leader.
The TRUTH is that his declarations do not RECONCILE with the documentary evidence that we have been revealing in the last few days.
*In the section on shares, he didn't disclose the identity of the company in which he held 50 per cent shares - i. e. in Lotus Construction (Fiji) Ltd.
CRY, OUR BELOVED COUNTRY, FIJI
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On 2 November 2015, his business partner Sunil Chand transferred 45% shares from his 95% to make Prasad 50% business partner in Lotus (Fiji). On 19 January 2016 the couple sell their house for $550,000 to Lotus Construction (Fiji) Ltd in which Prasad has 50% shares since 2015:
