Word is out that certain members of the ousted Fiji National Provident Fund board of directors received close to $100,000 per annum as directors fees.
This is a far cry to the $12,000 annual directors fees paid to previous board members before the 2006 coup.
James Dutta and Felix Anthony were named as two ex-board members who were paid such amounts.
Reports reveal that the two often demanded seating allowance each time they appeared at FNPF head office to do some “work” for FNPF.
They are part of the FNPF board that turned almost all of the FNPF tourism investment projects into disastrous ventures.
Their Natadola Intercontinental Resort, eventhough completed, had millions of dollars over-run after they hijacked the project from its original developers, APRIL.
Pundits say that it is the Intercontinental hotel management team that will make money from this project and not the FNPF members whose funds was used to build the resort.
They added the Natadola Intercontinental Resort will continue to bleed FNPF funds in the coming years with negative returns to the FNPF members.
APRIL’s legal case against the FNPF board is still pending.
http://www.answers.com/topic/thirty-pieces-of-silver