It’s now confirmed.
The Namosi House is not owned by the Namosi Development Company at this stage.
Although the tenancy agreement for Namosi House was signed by the Director of Lands and the Chairperson and Secretary for Namosi Development Company on 22nd September 2008, Namosi Development Company was not the owner then and still does have the title of the land.
A company search shows that Namosi Development Company has four shareholders, issued with $1 shares namely Ratu Suliano Matanitobua, Ratu Kiniviliame Taukeinikoro, Samisoni Tuilawaki and Leone Tuvutokona.
However, a title search shows that Winproject Limited which is owned by a group of businesspeople own the piece of land on which Namosi House was built.
Further investigations in relation to the ownership of Namosi House reveal that the land and the building in Toorak is owned by the group of businesspeople.
However, an agreement was reached a few years ago that the government would rent Namosi House because the building is owned by the provincial council's investment arm, Namosi Development Company Limited.
When Fijivillage contacted Namosi Development Company Chairman Ratu Kiniviliame Taukeinikoro, he confirmed that Namosi House is currently owned by Winproject Limited.
He now said that there was a deal and he would not want to reveal the names of some people involved because according to him, it is a confidential matter.
He also confirmed that the Namosi Development Company was started off with the issuance of $1 shares to the four people from Namosi.
Namosi House is currently occupied by the Health Ministry, under an agreement that the government has to assist the province's development.
Who owns Namosi House?
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