#header-inner img {margin: 0 auto !important; #header-inner {text-align: Center ;} Fiji Coupfourpointfive: FICTU plans FNPF rally as Taito coughs up a $135million sweetner

Friday, July 1, 2011

FICTU plans FNPF rally as Taito coughs up a $135million sweetner

FIJI NATIONAL PROPAGANDA FUND: Aisake Taito and board.


One of the groups that lodged submissions against the ruthless reforms recommended for FNPF, says the lobbying against the changes, including a cut in pensions to 9 per cent, appears to have worked.


FICTU spokesperson Attar Singh says the board wants to implement the reforms after Cabinet approval but sources believe the final nod has not happened yet despite conflicting local media reports.


Singh believes the anti-reform campaign, which included a series of meetings held by FICTU, has made an impact on the board and the regime.


He says FICTU had another good meeting in Lautoka on Thursday night and has now applied for a permit for a protest march and rally in Suva on July the 16th. He says they hope the march will be allowed and the union intends to continue its campaign to mobilise public opinion.


Singh says the reforms will not go down well with the people if they go ahead despite the huge opposition so far created.


Meanwhile, is it a coincidence the FNPF board has announced a 5.25% payment to members on the eve of it introducing ruthless cuts and reforms that will leave the same people out of pocket?


The sweetner was revealed yesterday by the FNPF chair, Aisake Taito, who also said the board is currently analyzing all of the submissions.


Taito insists the board is yet to decide on the best option to take to "ensure sustainability of the fund" but it's widely touted the controversial reforms will be approved.


And that's despite the illegal president, Epeli Nailatikau, needing to officially sign off on the documents.


Taito says the 5.25 per cent translates into $135 million and will be hugely welcomed by board members.


What members would welcome is honesty and transparency ... and the illegal regime keeping its grubby hands off their hard earned money.

27 comments:

  1. Class action, and let's move on...

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  2. bunch of idiots the lot of them aka the illegal regime

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  3. "What members would welcome is honesty and transparency ..."

    I think everyone is in the same canoe for this particular boat-ride!

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  4. Excellent move FICTU. Please don't be dissuaded by FNPF or the military. Stand your ground and fight for the people. The more objections they receive the stronger your case will be. Thumbs up for Democracy in Fiji.

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  5. Lets pray that this march will go ahead!

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  6. YOU BUNCH OF MONEY GRABBING EVIL BASTARDS!!!

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  7. kinoya kid says,
    Good...as long as both, the Fund and the member benefits

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  8. This is your hard earned cash,tax has been deducted before being invested and it is your lifetime savings,could be invested in the bank and you could see growth.If someone take money out of your wallet without your permission,is called stealing.So the people of Fiji should take the Bainijidamunivore and Ae-na-arse to court for stealing your money.His government is illegal and you are entitle to fight for your right.

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  9. The nation is very grateful to FICTU for sp[earheading the move against proposed p[ension reduction by FNPF.

    A lot of questions need to be asked regarding this issue and my questions are as follow:

    Where is loud mouth domineering self righteous politically tainted FTUC? Where are you Felix Anthony? Where are you Daniel Urai? Your silence on this national issue exposes both of you very badly as you have been badly exposed in the ongoing sugar saga.

    Who had come up with this proposal to reduce the pensions? Yews, what qualifications has Aisake Taito got to be sitting as FNPF CEO. Taito, in Nukuvuto, you never had real intelligence with very low IQ. Struggling thru high school and university, I am surprised you have managed to reach this far up. I am not surprised becos your superiors did not have the intelligence to see thru you.

    Where is the transparency, accountability, due diligence, honesty, transparency, etc? The problem is you have none so as your board members especially your foreigner chairperson who has nothing to lose.

    What is this divide and rule initiative? What is the purpose of this sweetener 5.25% payment? Who are supposed to gain from this? I would advise you TAITO to go back to the drawing board on this matter and devise other more rational strategies to deal with the FNPF stagnant or declining investment portfolios.

    A word of advice; you are dealing not with pensioners but with families, extended families, households and communities / villages.

    Have you ever done a survey of pensioners, pensioner families and dependencies distribution to know how widespread your draconian proposals are going to affect the nation?

    BY JUST TALKING ABOUT THIS, YOU AND YOUR CRONIES ARE CAUSING TOO MUCH TRAUMAS TO A VERY LARGE PERCENTAGE OF THE POPULATION...YOU TAITO AISAKE.

    MY OBSERVATION AND VULINITU ADVICE TO YOU AND YOUR BOARD: WATCH YOUR BACKS AND SECURE YOUR HOMES........

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  10. GO ATTAR GO.

    Get the regime out .Dont forget to get nfp trusty out y p reddy.
    Strike people strike.

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  11. PM OFF FOR A BREAK OVERSEAS,WHEN DOES HE WORK FOR HIS PAY?????

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  12. BREAKING NEWS.TELECOM FIJI HAS NOT PAID FINTEL CHARGES AND FINTEL HAS PULLED THE PLUG,SO NO TELECOM SERVICE AT NADI AIRPORT THUS DELAYS IN FLIGHTS..TELECOM COMES UNDER AG ,OEY PAY YOUR BILLS BOSSO

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  13. The Haves & Have Nots.

    "Those who already have it think
    love is the most important thing in the world - those who don't know
    its money".

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  14. there is no sivival for NFP mr attar singh no matter how many protest march you organize.

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  15. In today's edition of the Fiji Sun they have printed some examples of payouts to pensioners.

    The Fiji Sun claims that they are in possession of documents that show proof of the payouts.

    This is a serious breach of confidentiality. The FNPF should be taken to task. Either FICTU or David Burness and his supporters should take FNPF to court for breach of confidentiality.

    By why the Fiji Sun? The answer is obvious. Ajith Kodagoda, the FNPF Chairman is a Director of CJ Patel and also a Director of the Fiji Sun.

    So investigation into the serious breach of confidentiality by the FNPF should start at Kodagoda's door step as I am sure that he will be implicated.

    The man is a crook and it is time that he is dealt with.

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  16. Lets all stand up to these thieving buggers and let them know that we will not take this lying down, march,march,march......go attar..to everyone this is our only chance and hope for our secure future...no more talk..show them to them mada...

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  17. attar good work. felix you should be ashmaed of yourself. people of this country we need to do something ourselves. relying on others will do jack all. all talk and no action will not restore democracy.

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  18. Give me all your savings of $50,000 over 30 years I will double it to $100,000. Over the years till you die I will pay you out $300,00.

    Sounds too good to be true? Sound like a pyramid scheme? (Using others contributions to pay you out)

    Well thats basically our FNPF!

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  19. seems you are another Y P Reddy tennis. you better shut your mouth on Anthony otherwise J Ram Reddy is not to far away.

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  20. Every pensioner receiving FNPF money should be lining up to withdraw their whole balance! Come Monday, get yourselves down to FNPF, fill the forms out and demand to get your money out now. Never mind they tell you you can't touch it, just cause a stink at the FNPF offices. Call FijiTV to film it. Encourage all your friends and relatives to do the same. Save yourselves from starvation and destitution through this government. Don't let those thieving sons of bitches rob you!

    Felix Anthony - pompous jackass is a wannabe, now a 'has-been'. Perhaps he never was!

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  21. jake says......

    ENOUGH IS ENOUGH.
    WE FNPF MEMBERS SHOULD PROTEST AND MARCH FREELY TO DEMONSTRATE OUR DISGUST AND DISAGREEMENT WITH AISAKE TAITO AND HIS STO0GY BOARD. TAITO HIMSELF IS A THIEF WHEN HE MANIPULATYED HIS WAY TO GRAB OLOTA ROKOVUNISEI'S CEO POSITION. MOST OF US WHO WENT TO QVS KNOWS WHAT ASIAKE ( I LOVE ME FALLA) IS LIKE.

    DELIEVRY OF OUTCOME IS POOR, WE CAN NOW SEE THAT HE IS WRONGFULLY ADVISING HIS BOARD SO HE CAN LOOK GOOD TO FRANK & AIYAZ.

    MEMBERS FNFP IS LENDING THIS ILLEGAL REGIME MORE MONEY, MORE THAN ANY OTHER ELLECTED GOVERNMENT HAS DONE. THE GOVERNMENT IS A GURANTOR BUT IN THIS CASE THE ILLEGAL REGIME IS RUNNING DRY AND HAS NO MONEY.

    MEMBERFS LOOK AROUND YOU - WHILE AISAKE TAITO AND HIS ILLEGAL BOARD IS STEALING FROM OUR HARD EARNED retirement MONEY - THEY ARE PAYING THEMSELVES HUNDREDS OF THOUSANDS $$$$$.

    LETS MARCH AND THROW THESE PEOPLE OUT. THEY DONT CARE ABOUT US.

    PEOPLE LOOK AROUND AND SEE WHO IS GETTING RICH - AIYAZ & FRANKS FAMILIES.

    ITS TIME TO WAKE UP BEFORE ITS TOO LATE.

    GOD BLES FIJI

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  22. what felix is doing at this moment is very commendable....when his organisation makes their move....they will cripple Fiji....ITF is the most powerful Union in the world.....all ITF Labour controlled ports block services to ships bringing cargo to Fiji including all ITF Labour controlled airports block services to planes bringing tourists and goods to Fiji....it will be game over...!!

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  23. FNPF mite loan some funds to Telecom to pay off its bills with FINTEL.....hehehehe! Illegal government thought running a business was easy, forget about managing a country!

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  24. The biggest thief is dead centre of the picture Kodagoda. Big time crook!

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  25. I would strongly suggest that an International Accounting Audit firm be hired to investigate FNPF. They should also look at the qualifications of the board members. After the fact finding, the Board members should be held accountable. What criteria was used to appointment the FNPF board members? Was it "who knew and who you blew"? Or was it on the merits of qualifications? Just as Felix was put in charge of InterContinental project. How many Hotels had Felix built or managed? Besides staying at hotels as a guest, what other qualifications did he posses? Just because you fly in a airline, does not qualify you to be the pilot. Similarly Bailey's bastardised Momi Bay project. Just because Baileys is a real estate company, did not qualify them to sell a Hotel project. Baileys fiduciary was to FNPF, but they low balled the value and were telling prospective buyers that they could pick up the property for much less. We sure need to hold these people accountable. If they abused the system, or were unqualified, they should spend some time in Nabaro and do soul searching. God Bless Viti.

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  26. Lets march FNPF members......this is our only chance....it's now or never.....get them out before they make the Fund insolvent.....like what happened to the Solomon Island Provident Fund.

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  27. To all overseas bloggers, get ur FNPF money out before its too late (i.e if its still there) Vinaka cake mo ni lai invest tu yani i valagi..vinaka..na toso ya sa na toso ga..sa vodji na vosa..no man, no war, no law will stop them. ..so so sad

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