The Fiji National Provident Fund is unable to provide details of its consolidated accounts regarding the fees and allowances paid out to the directors of the FNPF and its subsidiary companies.

The consolidated accounts for the FNPF group of companies’ shows an increase in the fees and allowances paid to directors by $372,000 for the period from 2006 to 2007.

In its annual report for 2007, it is noted that director’s fees and allowances stood at $569,000 for the year 2006 which increased to $941,000 in 2007.

Questions sent to the FNPF seeking clarifications and a breakdown of where and how these increases were incurred by the FNPF and its subsidiary companies remains unanswered.

Questions sent to the FNPF Chairman, the Permanent Secretary for Finance John Prasad has been forwarded to the FNPF CEO for a response.

Fijivillage has only been told that the individual subsidiary companies will have to be contacted to provide the details on the amount of money paid to the directors of each board, and where the increases were incurred, even though the figures are provided in the FNPF's 2007 annual report.

FNPF's subsidiary companies include Amalgamated Telecom Holdings, Natadola Bay Resort Limited, FNPF Hotel Resorts Limited operating as Holiday Inn Suva, Grand Pacific Hotel Limited, Penina Limited, Home Finance Company and FNPF Nominees Limited.