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FIJI NEWS
July 31, 2012 12:00:00 AM
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The verdict of former Fijian Holdings Limited (FHL) director Laisenia Qarase will be delivered by Suva's High Court Judge Justice Priyantha Fernando this afternoon.

The former prime minister was found guilty of all nine charges by the three assessors yesterday.

The assessors found Qarase guilty of six counts of abuse of office and three counts of discharge of duty with respect to a property in which he has a private interest.

It is alleged Qarase between 1992 to 2000 while employed as a director of Fijian Holdings Limited, Financial Advisor of the Fijian Affairs Board and advisor to the Great Council of Chiefs, in abuse of the authority of his office, did arbitrary acts.

He is alleged to have applied in the name of Cicia Plantation Co-op Society Limited, Mavana Investments Limited and a family owned company named Q-Ten Investments Limited for the issuance and allotment of Class A shares in Fijian Holdings Limited.

The judgement is expected to be delivered at 2.30pm.

By Reginald Chandar
 

Kapoor & Sons


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