Shareholders and directors of Namosi Development Company & Winproject Limited should be FICACed

FICAC should look into this investigative reporting by Communications Fiji. Something stinks in this scheme of arrangement. The four shareholders of Namosi Development Company, the investment arm of the Namosi Provincial Council must be investigated to find out whether the rental receipts from the Namosi House was used for the livelihood of the people of the Namosi Province or is it another of those corrupt cases where the office bearers and high thiefly chiefs continue to steal from their people. If that’s the case, then Suliano & Co. must be taken to task.
By Communications Fiji
Thousands of dollars which have been made as rent payment by the government for Namosi House have ended up in the bank account of Winproject Limited, not the Namosi Development Company.
Following investigations, it is now clear that Namosi House which was given out on rent to the Health Ministry based on the tenancy agreement signed by Namosi Development Company.
However, according to information gathered by Fijivillage, all the money paid has been forwarded to Winproject Limited which is owned by a group of local businessmen.
Based on the records obtained by us, it is also clear that Winproject owns Namosi House at the moment.
It was earlier claimed that the building is owned by Namosi Development Company.
A company search shows that Namosi Development Company has four shareholders, issued with $1 shares namely Ratu Suliano Matanitobua, Ratu Kiniviliame Taukeinikoro, Samisoni Tuilawaki and Leone Tuvutokona.
We have also received confirmation that on 30th October last year, a cheque for the sum of $695,265 was paid by the government to Namosi Development Company.
This government cheque was for rent arrears for the period 4th January 2008 to 30th November 2008.
All monthly rent payments of $63,766 for Namosi House has also been deposited in the same ANZ bank account number provided by Namosi Development Company.
Investigations reveal that the ANZ bank account number where all this money has paid out belongs to Winproject Limited.
Namosi Development Company also has a bank account with ANZ.
Transaction history of the account shows a deposit of a government cheque of $695,265 on 3rd November, 2008.
The same amount was withdrawn from the Namosi Development Company account the same day and deposited into the bank account of Winproject Limited.
When Fijivillage contacted Namosi Development Company chairman Ratu Kiniviliame Taukeinikoro, he confirmed that Namosi House is currently owned by Winproject Limited.
Although it was earlier said publically that Namosi House is owned by the people of Namosi, Taukeinikoro admitted that the house does not belong to them at this stage.
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Namosi House is currently occupied by the Health Ministry, under an agreement that the government has to assist the province’s development.