The ANZ is apparently finding it hard to come over to the new directive given by the interim government for new interest spread and to set up a micro- finance section in all of its branches.
Our source says that’s because it fully knows that this will impact on its bottom line. He says the ANZ management tried every possible means to move closer to the regime, even inviting him to open the newly-refurbished ANZ Lautoka Prime. At the last minute, the honours were done by the new vice president, Ratu Epeli Nailatikau.
It's said the bank even organised business lunches and other small getherings to entertain the ministers of this regime. They were assisted by Athil Narayan - the acting Chief of Staff to ANZ – and a permanent resident holder of New Zealand.
He is also the brother in law of Parmesh Chand, the former private secretary to the prime minister.
Our source says it has also been confirmed that in early February, two high profile ANZ executives - Alex Thursby and Craig Sims - came down for a day to meet the interim prime minister and others.
But it seems the ANZ has been caught napping over the new financial directive and is paying for silently supporting the regime.