Interim Finance Minister Mahendra Chaudhry has been cleared of allegations of tax evasion made by the three member inquiry team of Bruce Cowley, Taufa Vakatale and Russel Postle.
According to the three member inquiry team tax assessments by FIRCA regarding Mahendra Chaudhry between 2000 and 2006 were carried out in accordance with the Tax Act and other relevant laws of Fiji.
The Inquiry team has not identified any breaches of the Exchange Control Act by Chaundhry between 2000 and 2006.
Speaking at a press conference Interim Attorney General Aiyaz Sayed-Khaiyum said the Interim Prime Minister Commodore Frank Bainimarama is satisfied with the result of the three member inquiry team.
Sayed-Khaiyum confirmed the findings of the report have found no laws broken with regards to tax allegations against the Interim Finance Minister.
Sayed-Khaiyum said the Interim Prime Minister Commodore Frank Bainimarama was unable to attend the press conference as he had a number of meetings and issues to discuss prior to the Cabinet meeting held this morning.
Earlier in a statement the inquiry team members, Bruce Cowley, Taufa Vakatake and Russell Postle stressed that the independence of the inquiry has been of paramount importance to them and they wished to assure the community that they have at all times brought an independent mind to bear on all issues which have come before them for consideration.
They also stressed that no attempt has been made by any parties to influence their deliberations.
Chaudhry Cleared of Tax Evasion
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