Toso tiko na gauna lagilagi.....Truth will eventually emerged.Vote SODELPA FIJIAN HOLDINGS: Carl Ngamoki-Cameron More problems at Fijian Holdings Ltd although it appears the regime is trying to keep it quiet and out of the public eye. The following story appeared and then were both removed today from Fiji Live and Fiji Village: PM orders special audit on FHL chairman Publish date/time: 19/09/2011 [12:12] A team from the Prime Minister’s Office and the Ministry of Finance is now conducting a special audit on the Chairman of Fijian Holdings Limited, Carl Cameron. FHL has announced that Prime Minister Commodore Voreqe Bainimarama has appointed a committee to undertake the special audit regarding the allegations received against Cameron. The FHL board met this morning and also appointed Iowane Naiveli as the Acting Chairman until the special audit is completed. The board said at this stage the audit is focused on corporate governance related issues and the recent appointment of the General Manager for Merchant Finance, Greg Cathcart. Cameron was appointed as the Chairman of Fijian Holdings on the 27th of June this year and is also the Chairman for Merchant Finance and Investments, Fijian Property Trust, FHL Logistics Limited, Blue Lagoon Cruises Limited and PNG based Pasifika Holdings Limited. Meanwhile, the FHL board said it is business as usual for the company and the enquiry will have no impact on the day to day running of the group’s holdings. Fijian Holdings Ltd only last month announced the arrival of Cathcart - an announcement made by Cameron: New GM for Merchant Finance Market Announcement FHL New General Manager for Merchant Finance & Investment Co Ltd In a press release made today, FHL announced the appointment of Mr Greg Cathcart as the new General Manager for Merchant Finance Investment Company Limited (MFIL). Mr Cathcart is a 30 year veteran in the Financial Services Industry, having worked for companies AGC Finance, Pacific Retail Finance and GE Money and he is a finance graduate of the University of Auckland Business School. Over the course of his career has held most financial services roles from entry level up to CEO & Director seniority in NZ, Australia, Papua new Guinea and the Middle East. In making the announcement, FHL Group & Merchant Finance Chairman, Carl Ngamoki-Cameron said “The appointment was based on the outcome of a stringent and thorough selection process. In addition he stated that “We are confident that Mr Cathcart has the necessary calibre to take on this challenging role and steer the company towards its strategic goals.” Acting CEO for FHL Group and Merchant Finance Director, Nouzab Fareed, said “We welcome Mr Cathcart, and look forward to utilising his expertise for the benefit of the company and its shareholders and stakeholders.” FHL would like to reassure our shareholders that business will continue to operate as usual within the Group. MFIL is a licensed credit institution specialising in asset purchases financing, personal loans, term deposits and insurance agency services. It is also 100% locally owned, of which 80% is owned by FHL and 20% by Fijian Holdings Unit Trust respectively. END
Posted on: Wed, 09 Jul 2014 16:32:40 +0000
Trending Topics
Recently Viewed Topics
© 2015