The Bua Pine Landowners Association has thanked the government for the cleanup campaign in regards to landowners concerns.
Bua Pine Landowners Association Spokesman Tevita Raiova said they have been mistreated in the past 25 years by the Fiji Pine Industries.
Raiova said what the government can do now will benefit the landowners.
Raiova was responding to the current board of Tropik Wood Industries Limited has called in FICAC to investigate the sale of its subsidiary company Fiji Forest Industries which led to a loss of $2,110,000.
Following the decision, the Tropik Wood Board has made a formal request to the government to suspend logging, milling and export license of Fiji Forests until the matter is resolved.
Board Chairman Ratu Tevita Uluilakeba Mara alleges that the former board of directors of Tropik Wood sold the entire shares of Fiji Forests to one director for only $340,000.
Ratu Tevita stresses that the ulitmate holding company of Tropik Wood is the government which despite the alleged transaction made a profit of $1,200,000 from revenue of $34,000,000.
FICAC confirmed they have received the request for a formal investigation into the transaction from Tropik Wood and investigations will commence soon.
Pine landowners thank govt for cleanup
Related Stories
COMPOL urges Lagalaga Sanatan students to value discipline and education
Students of Lagalaga Sanatan Primary School in Labasa have been reminded of the importance of education, discipline and obedience by the Commissioner of Police Rusiate Tudravu. Tudravu spoke to the students during
Heavy Rain Alert remains for Viti Levu, Southern Bua, Cakaudrove, Lau and Lomaiviti Groups
A Heavy Rain Alert remains in force for the Eastern half of Viti Levu from Serua, Namosi through Navua, Suva, Nausori, Tailevu, Naitasiri, Ra, Southern Bua, Cakaudrove, Taveuni, Kadavu, Lau and Lomaiviti Groups and near
Warning letter written to Prof. Narsey – Acting AG
Acting Attorney General Siromi Turaga says a strong warning letter has been written to Electoral Reform Commissioner Professor Wadan Narsey after he came out publicly with the Electoral Reform Commission report recommen
3 Fijian men from KVT gang in Sydney denied bail for AUD$12.5M drugs case
Three Fijians who are alleged to be associated with a gang supplying drugs in Sydney have been refused bail by the court. 28-year-old Eparama Nevale, 28-year-old William Ravoka, and 24-year-old George Sukanaivalu,
Proposed ‘People First’ submits application for registration
The Proposed ‘People First’ has submitted its application for registration to the Registrar of Political Parties, Ana Mataiciwa. Mataiciwa confirms that the FEO is now preparing to publish the party’s applica
Visitor arrivals on track for record year while sugar output drops
Visitor arrivals have recovered following a decline in the first quarter and based on current trends, Fiji is on track to achieve a third consecutive year of record visitor arrivals in 2025. While speaking on the p