The Fiji Independent Commission Against Corruption is now scrutinizing various information gathered from Fijian Holdings Limited and the Fiji Development Bank.
Chief Investigator SP Nazir Ali also said that they are grateful that the executives at the two institutions are assisting to ensure that the allegations are investigated.
The two institutions were raided by FICAC on Friday and Fijian Holdings Chief Executive Officer Jaoji Koroi confirmed earlier that it appears FICAC is focusing on their shareholder base.
FDB and Fijian Holdings say they have elected not to question the legality of FICAC's actions and have cooperated with them to clear the allegations to ensure that employees are safeguarded.
