Politics

NFP suspended for 30 days over financial accounts

The National Federation Party has been suspended for 30 days with immediate effect for contravening the Political Parties Registration, Conduct Funding and Disclosures Decree. The Registrar of Political Parties Mohammed Saneem said the NFP’s accounts were audited by a company which was not certified by the Fiji Institute of Accountants. The Political Parties Decrees requires […]

Peni Shute

February 1, 2016 1:02 pm

The National Federation Party has been suspended for 30 days with immediate effect for contravening the Political Parties Registration, Conduct Funding and Disclosures Decree.

The Registrar of Political Parties Mohammed Saneem said the NFP’s accounts were audited by a company which was not certified by the Fiji Institute of Accountants.

NFP Leader, Dr. Biman Prasad. PHOTO: FILE
NFP Leader, Dr. Biman Prasad. PHOTO: FILE

The Political Parties Decrees requires that political parties be audited by accountants certified by the FIA.  Saneem says this was brought to the attention of the Fijian Elections Office in December 2015 by the FIA.

NFP Party Leader Dr. Biman Prasad confirmed the reasons for the suspension:

Yes for alleged non-compliance with respect to the company which audited our accounts.

Allegedly it is not registered with (as) the CPP Fiji whereas it is registered with CPA Australia. So we are taking legal advice and we have to look at whether there is really non compliance.

The Fijian Elections Office said it had enquired with the concerned company and its senior management confirmed that it was not FIA certified.  Saneem said the NFP had 60 days to remedy the breach or the party would face deregistration.

Dr. Prasad told Newswire his party would seek legal advice and sort the matter accordingly.

If there is non compliance than we will comply and rectify that within the 30 days that has been given to us.

Parliament resumes on February 8th.

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