Concerns have been raised by the district representative of Lomaloma, Pita Foi’akau in the Lau Provincial Council meeting on why the province’s vessel, the MV Lau Trader did not appear as one of the assets of the Yatu Lau Company.
Foi’akau said that he wanted to know the answer because they are shareholders of the Yatu Lau Company.
Yatu Lau Chief Executive Officer Michael Makasiale said the owner of the vessel is not Yatu Lau but Lau Shipping Company and the question has to be directed to the Lakeba Tikina Limited and the Ika Vuka enterprises.
Lau Provincial Council Chairman Filipe Bole then asked the question on whether they have anything in writing on the Lau Shipping Company to explain to the members of the council.
Makasiale said they will try to get all the information and put it in writing.
Arrangements to purchase the vessel for the province were done by Ratu Tevita Uluilakeba Mara.
It was bought for $1 million from NZ.
Story by: Vijay Narayan & Tokasa Rainima
Concerns raised on ownership of MV Lau Trader
Related Stories
We are committed to holding elections – Siromi Turaga
Questions were raised during Dialogue Fiji’s Constitution review discussion on whether the government can delay the general elections and complete the Constitution review however Acting Attorney General Siromi Turaga
Fijian economy on track to grow for fourth consecutive year in 2025 by 3.4%
The Fijian economy is on track to grow for the fourth consecutive year in 2025 by 3.4 percent, following a 3.5 percent expansion in 2024. The growth forecast is revised up marginally from the 3.2 percent projected
Heavy Rain Alert for Eastern Viti Levu, Southern Bua, Cakaudrove, Taveuni and maritime areas
A heavy rain alert is now in force for the eastern half of Viti Levu (Navua–Suva–Nausori to Serua–Namosi to Tailevu–Naitasiri–Ra areas), southern Bua, Cakaudrove, Taveuni and nearby smaller islands, the Lau an
We need to dismantle criminal enterprises, hitting them where it hurts most - Speaker
Speaker of Parliament, Filimone Jitoko has highlighted during the opening of the Office of the Director of Public Prosecutions Conference that there is a need for prosecutors in the country to master the digital frontie
Fiji has learned from its past and we know that restricting media engagement or access is not the answer - Tabuya
At all times, the public interest in accessing information and the media’s role in scrutinising government must outweigh any unilateral power to silence or sideline a news outlet. In Fiji, we uphold the principle that
Wailea resident raises concerns about drug issues raised countless times with Police while COMPOL says official complaint must be lodged
Wailea Settlement Community leader, Inoke Utona says he has raised the issue of drug use and dealing in their area countless times with the authorities but there has still been no response from Police. However when