Opposition questions appointment of new FSC chair
Concerns have been raised by Social Democratic Liberal Party (SODELPA) parliamentarian Hon Aiseri Radrodro and National Federation Party (NFP) leader Hon Biman Prasad regarding the appointment of the new Fiji Sugar Corporation (FSC) Chairman Vishnu Mohan. The appointment of the former ANZ Group CEO for the Pacific as the new Fiji Sugar Corporation Chairman was […]
July 19, 2016 10:25 am
Concerns have been raised by Social Democratic Liberal Party (SODELPA) parliamentarian Hon Aiseri Radrodro and National Federation Party (NFP) leader Hon Biman Prasad regarding the appointment of the new Fiji Sugar Corporation (FSC) Chairman Vishnu Mohan.
The appointment of the former ANZ Group CEO for the Pacific as the new Fiji Sugar Corporation Chairman was initially announced last Saturday by Prime Minister and Minister for Sugar Voreqe Bainimarama.
Honorable Aiseri Radrodro said the appointment was another slap in the face for qualified and professional Fijians who have graduated and worked their way to top positions in Fiji and abroad.
RADRODRO: “But it seems, his case is different as Government seems to have now given him a job twice. There now seems to be an issue with expatriates taking over jobs of senior executives in Fiji.”
National Federation Party leader Honorable Biman Prasad said the reshuffle would not achieve anything for Fiji’s sugarcane growers.
PRASAD: These appointments change nothing for growers and the industry as a whole. FSC will continue to be technically insolvent because already growers are demoralized and one must never forget that without cane growers’ increasing the crop production from the
current low levels, there is no FSC. “
Mr Prasad added that the appointments were not based on “meritocracy”.
PRASAD: “Any shareholder in a company should be concerned, especially if it happens to be the Government, which is the largest shareholder and has pumped in millions of dollars of taxpayer funds in loans and guarantees into FSC, however, the Fiji First Government has blatantly disregarded all ethics of transparency and good governance by announcing Mr Mohan as new Chairman.”
He said Mr Mohan’s knowledge was only limited to commercial banking and did not span as far as Fiji’s sugar industry.
PRASAD:”He is qualified as a commercial banker but has no knowledge of the sugar industry. Once again, this Government has demonstrated that the appointment is to try and save the technically insolvent at the expense of writing off its Government loans and subjugating cane growers through the Reform of the Sugar Cane Industry and Sugar Cane Growers Fund (Amendment) Bills, which have been totally rejected by growers.”
Mr Prasad added that an independence of the investigation process needed to be carried out.
PRASAD: “This is seemingly part of FSC’s Strategic Plan that has never been revealed to the cane growers who are the largest stakeholders in the industry and genuinely fear reduction in their income with change in the formula determining sharing of proceeds from sale of sugar from the current 70/30 in favor of growers.”
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