#header-inner img {margin: 0 auto !important; #header-inner {text-align: Center ;} Fiji Coupfourpointfive: Document proves Sayed-Khaiyum's shady deal

Monday, December 7, 2009

Document proves Sayed-Khaiyum's shady deal

Coupfourpointfive has obtained the land transfer document showing that the interim Attorney General Aiyaz Sayed Khaiyum sold his Berry Road property to Tappoos for an inflated $810,000.

We recently reported of the deal between Latifa Investments Ltd, owned by Sayed Khaiyum and his mother and Bright Star Invesments Ltd owned by Tappoos.

Tappoos bought Sayed Khaiyum's property for an over-estimated amount in return for a deal which was revealed later in the 2010 budget. The deal was that tourists could claim back only from duty free shops owned by Tappoos, VAT on duty free items.

Coupfourpointfive has obtained a copy of the Land Transfer lodged by Suva law firm Tikaram & Associates and signed by Sayed-Khaiyum. It also carries the common seal or stamp of Latifa Investments.

The document clear shows that two lots owned by Latifa Investments were sold to Bright Star Investment for $810,000.

Our sources have established that Sayed-Khaiyum bought the property for $350,000 in 2005.

If this is true then Sayed-Khaiyum made a profit of $460,000 in three years.

Read Land Transfer document -http://www.mediafire.com/imageview.php?quickkey=j5m0mxwdnud


Anonymous said...

Appears that Aiyarse is hedging his position.....converting his fix assets to liquid assets. Be interesting to know where he is holding his money, in Fiji or in Australia?

Anonymous said...

It cannot be. He is the AG, the defender of the law. He talks about the law, he knows the law and would not do a thing like that.
But, on the other hand, as nothing is straight in this government, then it is ok in an unstraight regime.

Anonymous said...

So send your evidence to FICAC. Thanks to the interim government there is now a body that can investigate corruption allegations. Such a thing was never available under the Qarase governments, despite requirements under the 1997 constitution.

Discombobulated Bubu said...

Anon 3:52 pm .. surely you are joking?

FICAC is an illegal institution set up by the goons, for the goons as an instrument of suppression.

Complaints sent to FICAC that have anything to do with their own gets shredded. How many months have they been in existance and how many real and legal prosecutions have they pursued and won ? 1 or 2 at the most ? PATHETIC.

They are indeed best known for shooting first and aiming later, clever at besmirching people's reputations and thats about it really. Oh and a massive waste of taxpayers funds.

Anonymous said...

Right FICAC. What a brilliant concept - send the AG to be investigated by the same august body that has failed to find it's own arse.

I wonder what the outcome of that complete waste of time would be...

Anonymous said...

@anon December 8, 2009 3:52 PM
Are you on dream mode or what? Fiji is being ruled by a dictator. Its a one way rule. That in itself is corrupt. So what can this iig investigate when they themselves are so up to their noses in corruptive acts??

Time to stop dreaming & realise the damage thats being done. At the very least PM Qarase was duly elected by the people for the people. Your 'ulukau FB' & corrupt Khaiyum & co are bunch of loosers and their days are numbered.
go take a hike will you!!

Anonymous said...

And what were you doing about it Anonymouse @ 3.52p.m.

Your seem literate enough... so did you try lodging complaints with the police? with any of the relevant authorities? DPP? Ombudsmans Office? Fiji Human Rights Commission? Civil Society Org? Media? or Lobby your MPs for legislative changes?

Or were you just so "vucesa", sat back on your azz and waited for your fairy ghostbuster Aiyaz & gang to execute the coup of 5 Dec 2006?

Anonymous said...

You must be smart enough to know that FICAC will not lift an eyelid to bother about investigating one of the key figures of the illegal regime! You will also know that the Police had the role of investigating such corruption allegations. The fact remains that FICAC is nothing more than a vendetta machine for the regime to pursue its opponents under questionable and unconstitutional mandate. The best thing is to hold the evidence until a legal and credible authority returns to investigate the claims.

Anonymous said...

Isn't the FICAC in Aiyarse's or Bainipyjamas's portfolio? Sending evidence is like inviting a late night/early morning visit from the goon squad

Anonymous said...

Annon 3.25pm, it would have been getter to keep your mouth shut then to show blogers you know nothing. Mind you that it was going through the Normal, Legal channel for an Anti-corruption bill in the Qarase government, when your Vore made his coup.