The Fijian Resort hotelier, Radike Qereqeretabua, must be regretting accepting the military’s appointment to rejoin the FHL board.
FHL website reveal that Qereqeretabua is not new to FHL. He was a past director when Lyle Cupit was the Chairman giving him the benefit of compare and contrast between the ousted shrewd business-smart board verses the green prideful militarised FHL board of today.
A market announcement by FHL reveal that Qereqeretabua has tendered in his resignation citing “demanding work and personal commitments” as his excuse to opt out.
But those close to Qereqeretabua say otherwise.
They say he is disappointed and embarrased by Sereana Qoro, Col Aziz Mohammed and Isoa Kaloumaira’s lack of business ethics which catapulted in the failed BP Oil acquisition proposal crap Qoro took up to the board.
Qereqeretabua was heard to have said that he no longer wants to be associated with FHL’s bunch of crooks.
Unfortunately for him, his term as Director FHL post 2006 coup will continue to haunt him.
A law suit against the FHL board and management will be a litigation matter in the coming years.
That’s for sure!
No comments:
Post a Comment