#header-inner img {margin: 0 auto !important; #header-inner {text-align: Center ;} Fiji Coupfourpointfive: Regime still to allocate tax identification number to Freeman's company

Monday, March 28, 2011

Regime still to allocate tax identification number to Freeman's company

By VICTOR LAL
On 8 July 2010, the acting Registrar of Companies of Fiji, certified that a company calling itself South Pacific Natural Resource Group Limited, be incorporated under the Companies Act. 


The Memorandum of Association was presented by Messers Jamnadas & Associates, Barristers & Solicitors, Suva.  Earlier, on 24 June 2010, the acting registrar was notified that the registered office of the above company will be situated at Level 6, FNPF Place, Suva.
While the company has a registration number (RCBS20102707), to date, curiously, it still does not have a TIN – Taxpayer Identification Number, which is an identification number used by Fiji Inland Revenue Department in the administration of tax laws. A TIN must be furnished on returns, statements, and other tax documents.
Directors and Secretaries
Who are behind the SNRGL? According to the Particulars of Directors and Secretaries, there were three directors at the time of the registration.  


The first one was the controversial Ghanaian businessman Paul Kofi Freeman, who gave his nationality as Ghanaian, and his address c/o P O Box 14824, Suva. The second director was listed as Martin Gitonga Kamandu (reportedly a licensed nurse Coupfourpointfive March 17), who gave his nationality as a US citizen. 


The third was Losalini Bainivalu, who gave her nationality as Fiji citizen. Like Freeman, the other two also gave their postal addresses as P O Box 14824. Bainivalu was listed as company secretary. She, however, resigned her positions on 30 November 2010.
The Declaration of Compliance with the Companies Act was presented by Mele L Rakai of Jamnadas, and was declared on 24 July 2010 before barrister and solicitor Tevita Bukarau, the former Native Lands Trust Board lawyer, who was jailed for two and a half years for consorting with people carrying firearms in parliament during the 2000 coup. The signatures of subscribers to the Memorandum of Association are listed as Makereta Nawani (conveyancing clerk) and Losalini Bainivalu.
According to the Memorandum of Association the SPNRGL’s share capital is $10,000 (Ten Thousand Dollars) Fiji divided into 10,000 shares of $1 (One Dollar) each, with power for the company to increase or reduce such capital.
It is worth pointing out that with the resignation of Bainivalu, Freeman and Kamandu are sole directors, and both foreigners, contracting the illegal regime’s much-vaunted chant that companies operating in Fiji must have 90 per cent local ownership.
Curiously, the much maligned Renee Lal (no relation to Victor Lal) seems to have played no part (at least from the Company Records) in the formation of the South Pacific Natural Resource Group Limited in July 2010.

13 comments:

Anonymous said...

and I thought that Renee Lal is the daughter of the late Francis Gene Jaswant Lal f/n P A Lal and Gene was brother of Victor Lal !!

Anonymous said...

Reading all these articles makes one think that Freeman is a big investor with millions of money and trying hard to do something in Fiji.

It is not the case. He is merely an agent. He is trying to make Fiji his play ground to make a buck. All he is trying here is to get few projects approved by authorities and then go around looking for investors to sell the project. Then he will gets his commission or finders fee as they call it in this business.

In saying that he gets money from somewhere to spend for his travel, accommodation and other lollies.

The question here is where is he getting this money. Certainly some illegal activities, black money, drugs etc.The challenge is find out true Freeman. Not this extravagant free advertising for him.

He got married in Fiji. Is he already a married man? what is the arrangement with the girl in Fiji? Is it purely money? What is the girl's back ground? Is she also another girl among 100's of girls Freeman is sleeping with? Most of all how can he still hang around in Fiji after all these? People in Fiji sleeping?????

The Oracle said...

Different Victor Lal. This Victor resided in Raiwaqa and was a reporter with the then Fiji Sun. He is now a lecturer in Law at Oxford.
No relation to the Lals of PA Lal fame.

Radiolucas said...

She is from the same family as the ex-Lal Buses company.

Jake said...

Radio Luka.

'She is from the same family as the ex-Lal Buses company"

Can you confirm the above to be the facts or is just another fallacious statement from you?

Jake

Anonymous said...

I thought C4/5 Editor made it clear that Victor and Renee were not related - in any event, Freeman is the subject and topic of interest - another conman like Peter Foster

Andrew said...

the wife is francis raiwalui from tubou..their marriage is for convinience.....half the time she lives in Nadi with parents..and freeman flirts with street girls....He pretends that he is rich..wearing luxury....infact its china fake fallout jewellery....sa kua...he is a begger..operation vaqara..FTIB moce boko...

Anonymous said...

teri said
Freeman is been watched .
he is a con artist.
I saw him in scms ltd office with yogesh singh .
yogesh wife is uma and peni kunatuba are shareholder with tim nobriga in scms ltd.
freeman is using scms ltd to work with them now
after he failed with his own company..
ftib/fica/police/immigration should see if he has work permit.
he went and had meeting with ministers and saying he do things for them nothing happen.
he is pure con artist .he used martin funds.

Radiolucas said...

@ Jake

I know them personally Jake. Unlike you I don't invent reality to suit a topic.

Anonymous said...

Renne should expose jamadas/freeman.
go girl do it for fiji sake.
these guji have reap fiji for years.
time for them to go to india.back to the base snakes.

Anonymous said...

C4.5 PLS CAN YOU GO TO SCMS LTD OFFICE ON 2ND FLOOR AIR PACIFIC HOUSE IN BUTT STREET AND GET THE PHOTO OF FREEMAN/OTHERS.
SO WE CAN SEE THIS CON ARTIST FREEMAN.

James said...

Ok normal procedure to form a company in fiji and especially for law firms.....

form a company have staffs as shareholders, secretaries, or directors and when an investor is found sell this pre-formed company and withdraw all earlier shareholders and directors to hand that company to the investor.

so why drag the little chihuahua in all these stories such as losalini and makereta....

ok we hear about renee and dilip... all the time i think we ought to know more about freeman.... The Real Thing

Pacific in the Media said...

FULL FREEMAN STORY ON THE WAY-C.45 EXCLUSIVE. EDITOR