#header-inner img {margin: 0 auto !important; #header-inner {text-align: Center ;} Fiji Coupfourpointfive: Regime turns blind eye to widow's claim over million dollar Reddy shares

Tuesday, October 9, 2012

Regime turns blind eye to widow's claim over million dollar Reddy shares

New Fiji a sham: Bainimarama and Khaiyum
It looks like the regime is still playing favourites or working glove in hand with a select few despite repeatedly proclaiming it has created a new Fiji that is fair to all.

Take the case of the longruning battle between the widow of the deceased Fiji businessman Narayan Reddy, which stretches back more than a decade.

The New Zealand-based Rosy Reddy and her son Shiv Reddy have been trying to get Frank Banimarama to initiate a full investigation into the illegal transfer of shares by YP Reddy but continue to come up against resistance.

Fiji police got as far as interviewing YP Reddy but their investigation then came to a sudden halt.

The widow and son last week tried to take their case further via a submission to the Yash Ghai Constitution Commission but despite several requests, they say the tell-all material has not been posted on the website.

Ilegal trustee: YP Reddy
There is now the question: Is this decision by the Commission secretary, Keshwar Reddy, another case of collusion and the regime clamping down on information that shows it is acting in the interests of allies, not citizens?

Rosy and Shiv Reddy's battle goes back to September 1991 when Narayan Reddy died. Mother and son say former political heavyweight and lawyer, Jai Ram Reddy, and YP Reddy quickly 'colluded' to bring a caveat against them to gain control of their shares.

Acted as lawyer: Jai Ram Reddy
Jai Ram Reddy acted for Reddy Group as a lawyer so his decision to act for YP Reddy's sister was in itself a conflict of interest. The JR  Reddy caveat was defeated in the Appeals Court. Probate was then granted to Rosy Reddy and at that time, her husband's estate held 21% shares in RCCL and 25% shares in RHL, both of them Reddy Group companies.


But despite the probate being granted, meaning YP Reddy had no authority to act as Trustee for the estate of his older brother's son, he continued to control it - acting as Trustee from 1995 to this day. 

The police and DPP were apparently supposed to charge him for unlawfully assuming a role of authority but material gathered by an investigator hired by Rosy and Shiv Reddy, shows the illegal attorney general Aiyaz Sayed Khaiyum and Frank Bainimarama stopped the police from completing their work. 

YP Reddy has twice tried to buy the original shares, once for $700,000 in 2003 and for much, much more much later.

A lot of money is at stake, especially since a restructuring in 2001 of RCCL's investments making the estate direct shareholders in two other companies called REL and CEL.

Essentially, though, Rosy and Shiv Reddy's claim centres on YP Reddy's illegal role as trustee from 1995, estate shares in REL and CEL and unpaid dividends from these two companies after 2001, estimated to be between five to eight million dollars.

According to their submission to the Yash Ghai team the police managed to recover $25,000 YP Reddy had managed to hide. Other significant material cited includes a letter from DPP and current solicitor general, Christopher Pryde, confirming the deed of trust that YP Reddy has no right to act as a trustee for his dead nephew's estate.

Several law firms have also tried to crack the case but thanks to Khaiyum and Bainimarama's links with YP Reddy, all have been unsuccessful.

67 comments:

  1. Mr Nick Naidu,According to their submission to the Yash Ghai team the police managed to recover $25,000 YP Reddy had managed to hide. Other significant material cited includes a letter from DPP and current solicitor general Christopher Pryde confirming the deed of trust that YP Reddy has no right to act as a trustee for his dead brother's estate.
    Your response please

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  2. Salesh Mudliar this one for you:
    But despite the probate being granted meaning YP Reddy had no authority to act as Trustee for his brother's estate, he continued to control it - acting as Trustee from 1995 to this day.
    answer this?

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  3. Bala Dass could you explain this:
    The police and DPP were apparently supposed to charge him for unlawfully acting as trustee but material gathered by an investigator hired by Rosy and Shiv Reddy, shows the illegal attorney general Aiyaz Sayed Khaiyum and Frank Bainimarama stopped the police from completing their work.
    YP Reddy has twice tried to buy the original shares, once for $700,000 in 2003 and for much, much more later.

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  4. This one for Pramod Rae to respond:
    Essentially, though, Rosy and Shiv Reddy's claim centres of YP Reddy's illegal role as trustee from 1995, estate shares in REL and CEL and unpaid dividends from these two companies after 2001 which estimated to be between five to eight million dollars.

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  5. Corruption exposed by the above allegation. What the regime claimed to have fought for against corruption is all but a hoodwink. Deep down under cover of bureaucratic manipulation a lot of corrupt activities are hidden from public view and knowledge. Regime has to do something or their credibilty will be lost. They must pursue this case for the sake of transparency and integrity. Y P Reddy has a lot to hide but his association with the regime is glaring.

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  6. Dilip Kumar can you through some light on this
    Rosy and Shiv Reddy's battle goes back to September 1991 when Narayan Reddy died. Mother and son say former political heavyeweight and lawyer, Jai Ram Reddy, and YP Reddy quickly colluded to bring a caveat against them to gain control of their shares.

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  7. YP Reddy has a few more years to live and will not take those millions when he goes 6ft under.

    Big bucks, the root of all evil.

    by Doomsday.

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  8. Raman Pratap Singh can you admit or deny this:
    Jai Ram Reddy acted for Reddy Group as a lawyer so his decision to act for YP Reddy's sister was in itself a conflict of interest.

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  9. Jaganath Sami this one is for you to respond:
    The JRR caveat was defeated in the Appeals Court. Probate was then granted to Rosy Reddy and at that time, her husband's estate held 21% shares in RCCL and 25% shares in RHL, two Reddy Group companies.

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  10. This one is for all the Kutru's of NFP to respond:
    The police and DPP were apparently supposed to charge him for unlawfully acting as trustee but material gathered by an investigator hired by Rosy and Shiv Reddy, shows the illegal attorney general Aiyaz Sayed Khaiyum and Frank Bainimarama stopped the police from completing their work.
    YP Reddy has twice tried to buy the original shares, once for $700,000 in 2003 and for much, much more later.

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  11. Those who live in glass house don't through stone to others. It was very sweet to accuse mr chaudhry but the same has been shoved to J Rawana Reddy.

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  12. TIV Sangam and NFP look at your trustee The Great Choor YP Reddy and his Lahanga Jhaar Lawyer Jai Ram Reddy. Your official response on this please.

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  13. Duru Sami Naidu this one is for you:Essentially, though, Rosy and Shiv Reddy's claim centres of YP Reddy's illegal role as trustee from 1995, estate shares in REL and CEL and unpaid dividends from these two companies after 2001 which estimated to be between five to eight million dollars.

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  14. The Black Billy Praveen Bala this one is for you to respond:
    The JRR caveat was defeated in the Appeals Court. Probate was then granted to Rosy Reddy and at that time, her husband's estate held 21% shares in RCCL and 25% shares in RHL, two Reddy Group companies.
    The black choor respond to this.

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  15. Correct me if I'm wrong but surely the Constitution Committee is a function for collating ideas for a constitution for Fiji.

    You have to be pretty dumb to even consider that your own personal grievance and 'allegation' against an indavidual will be given any airing whatsoever.

    And being that dumb would also raise questions about the writers credibility, surely.

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  16. Kala Dass
    The police and DPP were apparently supposed to charge him[yp reddy] for unlawfully acting as trustee but material gathered by an investigator hired by Rosy and Shiv Reddy, shows the illegal attorney general Aiyaz Sayed Khaiyum and Frank Bainimarama stopped the police from completing their work.

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  17. The Tirikutu team led by Kamal Iyer,Nick naidu,Salesh mudliar,Bala dass Jaganath,Praveen Bala,kala,Duru Sami,Ravin Pillay,Attar Singh,Pramod rae,Baiman prasad,Prcilla,dilip gandu,bimal roy,anish chand[gay],vasu,kumara and so on. Your response is deliberately awaited on your choor guru's:Essentially, though, Rosy and Shiv Reddy's claim centres of YP Reddy's illegal role as trustee from 1995, estate shares in REL and CEL and unpaid dividends from these two companies after 2001 which estimated to be between five to eight million dollars.

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  18. This regime bends the law to protect co-treasonists and other supporters, and to punish those out of favour. The case against Mahendra Chaudhry is an example of how it has done both.

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  19. I thought people on this blog think very high of Jai Ram Reddy. If YP Reddy cannot be fair to his late brother's family how can he be fair to others including fiji.

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  20. Now where are the pro-Vuaka assholes in here that keep supporting him despite a clear abuse of power by him and his piglet Aiyarsehole? It clearly shows that there is no legitimate judiciary in Fiji, the judiciary is Bocimarama and Aiyarsehole. Shame on you two shits.

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  21. It's obvious who was in charge when this happened.....take it to your hero Qarase qaranijidamu in korovou prison.

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  22. With all due respect, why should a family feud be plastered all over the media and cyber sphere..especially a 22 year old case!!...for goodness sake…that’s about five Prime Ministers ago, 4 DPP, 3 Registrar and multi party wheeling and dealing..yet…yet…no resolve!!

    Though we do not and will never support the seditious acts of Dec 2006 by the Rear Admiral, his Military Council and Aiyuz and the rest of ‘em..we are flabbergasted that every tom, dick and reddy now conveniently pins blame for nearly all private and society ills on our undemocratic status Good Lord….how about taking responsibility for the procrastination by previous the DPPs, Police, Registrars, Lawyers and probably the Kiwi Reddy’s themselves.

    Of course, we empathise with the Kiwi Reddys…why can’t they instigate an action offshore as YP may have offshore interests etc…that is if Aiyuz and YP will be having coffee together till 2014…don’t they have proof of issue of probate pre-Aiyuz?

    But..but…if Aiyuz is guilty as alleged..then..time for him to go and the Rear Admiral to find another guardian of the Laws of Fiji….

    Oh..and the Citizenship decree 2009 (?) many just be cutting both ways now…like probing the legitimacy of former Fijians non Fiji Citizen pre Citizenship Decree as share holders of a Fiji registered entity with out FTIB’s ok…may be like some others this esteemed column high lighted last year??

    But we all hope this Raddy affair is solved...by the Reddys themselves..

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  23. Jai Ram Reddy's mission would be incomplete without the mention of Mahendra Pal Chaudhry who had virtually taken an oath to finish off NFP.Rightly so because today we can confirm how corrupt this man was. Can this be disputed,Kamal Iyer answer this.


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  24. That's right, don't let justice for a widow stand in the way of a political favour!

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  25. Looks like this will be another blockbuster stuff. Poor Rosy and son may never see justice in their case because the palms of Bai and Khai seemed to have been heavily greased by old snake YP.

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  26. where is ficac ,police and dpp.all sleeping on the job.
    seems like big boss have stopped this file.
    where is the clean up .

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  27. FRANK AND ASK time to charge the Y P REDDY AND JAI RAM REDDY NOW.
    Where is the clean up and why police been stopped on this case.
    Pls ans the public now Mr ASK,FRANK AND DPP Pryde.
    Dont protect the Rich .
    Where is Justice.
    God bless Shiv /Rosy. Fight for truth.
    Rajesh

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  28. So this is the new Fiji that Bainimarama is espousing. Where all are treated equally , whether Fijian or Indian, rich or poor, male or female.
    I think Mr 700,000 Dollars should listen to these poor people.
    Otherwise his rhetoric on "fairness and equal opportunity and racial equality" is all a bit of a wank.

    -Valataka na Dina.

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  29. This comment has been removed by a blog administrator.

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  30. Talk about hanging your family dirty washing out for all to see.

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  31. If Laisenia Qarase can be charged and convicted for conflict of interest and Rajen chaudhry charged for similar conflict, WHY NOT YP REDDY FOR ILLEGAL TUSTEESHIP? WHY NOT JRR FOR ILLEGAL TRUSTEESHIP? WHY ARE MADARSE CHORS ABOBE THE LAW?

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  32. YP Reddy just pray that the 2014 elections is cancelled so you remain safe. Once Bainimarama goes out, you and your children will go naboro mate...jai ho..

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  33. ASK and PRYDE should ans the public on this case.
    Why compol and DPP is quite on this case
    Can they reply to Rosy and Shiv.
    Justice need to be done.
    Frank prove that your govt is really clean and transparent.
    god help Rosy and Shiv.
    Rajesh

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  34. Ravin Pillay one fat arse in SCC don't take advantage of your position and rate payers money by commenting under Anonymous. have guts then see what your grandfathers are doing. Can you raise this issue in the next madrasi agm?

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  35. Legal Service Commission
    when you will take action on Khaiyum and Jai Ram Reddy.
    LSC was fast to take action on RPC and Kini.
    We waiting to hear from you justice madigan.

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  36. Semi Meo you Ulukau. The evidence is there but your hero Bocimarama and his boss Aiyarse stopped it going any further. Why do you think they stopped it old man? Reddy the crook is their best friend and that's why these two goons interfered. In case your Alzheimer's deteriorating, they charged Qarase with an alleged crime committed many years ago. How different is this case semi pussy? It clearly shows how much you support your hero Bocimarama, it's written between the lines in your many bullshit posts. Age gracefully and stop being stupid.

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  37. Several law firms have also tried to crack the case but thanks to Khaiyum and Bainimarama's links with YP Reddy, all have been unsuccessful.

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  38. This is indeed a case of public interest. These type of manupulation and fraud over propety is common mostly amongst indian families. But it gets worse with the size of the wealth. I have read the whole submission and the evidence which confirms Jay Ram Reddy had a hand in the conspiracy to defraud the complainant Reddys from NZ from 1991. But the matter of public interest lies in the fact that from 1995, the lady held the probate and letters of administration for the estate. So, if YP Reddy has been acting as trustee from 1995 onwards, he has been committing criminal offence. So for year each should be one count for unlawful act as trustee. this brings a total of 17 counts for using false documents to gain financial adavantage. There is certainly criminal charges for unlawfully acting as trustee BUT all other matters should be taken to court by way of civil action which is my advice.

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  39. Please give the frieken money to
    someone who would be ready and willing to use it to buy guns&bullets to use them against
    the two asseoles?

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  40. This is a civil matter, not a national matter. C4.5, should not entertain personal vendetta. The person pushing this propoganda is racist towards South Indians. Not new for Fiji Indians. Shame! And Rajesh, you could have raised this issue when you were a MP. You did'nt, did you? Why did you not keep your promise of working for free? You like YP, likes the moolah!

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  41. This episode is just the beginning of many more to come for these two Daku's. There are similar cases of these two which will be brought in due course.

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  42. Why was this submission also sent to FLP leader Mahendra Chaudhry - one of the biggest chor who swindled his own people of $2million

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  43. YP - my advice "the fear of death is greater then death itself". you have 20 months of freedom left when elected government comes in in 2014 - you going jail brother....

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  44. YP Reddy may divert from fraudulent activities but will be suffering for enternity when you 6 feet under, waraka namaka, for god is not mocked..

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  45. Fiji is supposed to be free today. But is Fiji really free from crooks and conman like jai ram reddy and YP Reddy?

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  46. Richard Naidu charged Shiv/Rosi Reddy $15,000.00 for legal opinion. He very clearly stated that there is conspiracy and conflict of interest in this matter.

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  47. Another[first] opinion was given by Raman Pratap Singh, Presiden of The National federation Party. Copy of this report will be published in the next episode.

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  48. Another lawyer and former president of TISI Sangam and Fiji Law society Dur Sami Naidu's opinion is also of the same view.

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  49. @Semi. You remind me of some uneducated villager who comes into a story half-way and jumps straight in without thinking.
    Here you have a mother and son whose complaint is against Bainimarama and Khaiyum for directly interfering with Police work.
    It's right there before you in paragraph 10 of the story.
    But you as usual went off on a tangent about past DPP's and governments etc etc.
    I think you should take time to read the stories slowly before commenting.
    If you notice the complains against Bainimarama and Khaiyum was brought up by Mrs Reddy and her son Shiv. Not by us.

    This is exactly the same as your comment about Ghandi.
    You say Ghandi should not be a hero because he made mistakes. Instead people should make their parents their heroes.
    I feel sorry for your children. You obviously don't make mistakes.

    You are an embarrasment to us Fijians.

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  50. Dont link a private matter of Mr. Reddy with NPF. Whether Mr. Reddy is honest or dishonest is a matter that needs to be proved beyond a reasonable doubt. There are many honest and dishonest people in Fiji and indeed in the world. The FLP wonder boys should stop seeking answers from prominent NPF people.."this one for you" almost started sounding like a slogan. How about answering the MOTHER of all.........$2 MILLION.OH THIS ONE FOR YOU flp!!!!!

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  51. Yeah a fair Fiji where human rights are protected and freedom of expression is guaranteed (for Khaiyum and his green thugs)

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  52. OMG!!!! is NFP now following FLP???? that is cheaters, thiefs and racist

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  53. dina says...

    Vinaka and bhahut dan bhat, thank you FRANK BAINIMARAMA AND AIYAZ HKAIYUM AND NAZ SHAMEEM & GATES & MILITARY FOR THE CLEAN UP CAMPAIGN

    ONLY TO ADD MORE & MORE & WORSE OFF KINDA REAL CORRUPTION

    AND GET RICH OVER-NIGHT....

    WHAT A LOAD OF THUGS ALL OG YOU...

    SPEAK RACE LINES TO HIDE YOUR CORRUPT PRACTICES AND DIVIDE RULE..

    ANIMAL FARM STYLE FRANK.

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  54. Frank and Ask are both starting to sound little like Juliar!

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  55. Had to laugh when I saw this title under Bai's pic in Fiji Sun.

    Commodore J V Bainimarama, CF(Mil), OSt.J, MSD, jssc, psc Prime Minister of Fiji and Minister for Finance, Strategic Planning, National Development and Statistics, the Public Service, People’s Charter and Change and Progress, Information, iTaukei Affairs, Provincial Development, Sugar Industry and Lands and Mineral Resources

    What's wrong with just writing "illegal PM"

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  56. With ten titles, Bainimarama can hang ten times.

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  57. SEMI - is Mr. Perfect and btw he eralier said he can tell what color underwear he puts on everyday. His boyfriend said it was a pink with some flowers printed - there you go Mr. SEMI but unfortunately for you i wouldn't be tickled by this.

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  58. I find it odd that a few people like Rajesh and shailendra Raju are after YP and blaming everything on the IG and NFP. Where was this case when the SDL govt or FLP govt as this case is so old.

    It seems some people would blame the IG for all ills including the dog barking or a bird shitting on your shoulder.

    Rajesh is one con man who lied to 800,000 on tv. Its the same shailend Raju who was sleeping with MPC and got cross because MPC banged him too hard that he when crying to SDL.

    Rajesh, please first pay your taxi bills to the lakeba st taxi driver.

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  59. Anon 11/10/12 7.56 am

    Very true...

    Frank whats wrong with adding "coup-star, (ILPM) ILLegal PM, ....

    In terms of qualification ....zero...

    Good on you illegal PM....

    You're folling yourself with all your bullshit initials...

    Those things are earned.....

    You have earned..

    Frank Bainimarama
    ILLPM;CS (coup-star)

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  60. Fiji leaders a cess pit of writhing snakes in an eternal twist to take advantage.

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  61. who cares.....YP/ mother or son...who gives two hoots anyways

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  62. More than half the poeple commenting seems just jumped in when they saw Jai Ram Reddy name ..why not first put it to test and see if he really conspired , now $2 grant takers are just taking out their vengence if you all are so concerned that help the victims out raise funds and fight the case to prove ...or else shut up

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  63. It seems that someone has a lot of time at hand to write questions to every member of NFP. You must be either unemployed or on worker's compensation in Auckland. I am sure the statute of limitations has run out long time ago. So why waste time after so many years. Or is it that someone has a "hard on" for NFP.

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  64. Word on the street is that AG was in hospital for approximately 5 days and have been evicted on emergency to Australia. He passed out in his office and it's all hush hush......why can't they announce that on Fiji one news or fm 96?
    You bunch of Freemasons ! Your time is running out !

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  65. Khaiyum cannot get any relief in western countries. Long waiting list for kidney transplants and they aint going to all ASK to jump the queue. India maybe but once theb procedures done he has to sit his arse there for up to 12 months. If the stories about him needing a transplant are true this dude is screwed. And so are his cronies. He will be stood down very soon. Welcome Qetaki.

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  66. Anom..October 11, 2012 1:56 PM..I'll never show mine to a shella like you...sorry!

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  67. Question?? Blogging on this site, whats going to be achieved?? Apart from that y dont everyone go look after you love ones before Voceke Bainimagana is going to come and take them to Delainabua

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