Fiji Time: 6:56 PM on Friday 23 June

Fiji Times Logo

/ Front page / News

Assets on display

Nasik Swami
Saturday, July 05, 2014

PRIME Minister and leader of the FijiFirst party Rear Admiral (Ret) Voreqe Bainimarama earns an income of $278,750.

This was revealed in the party's declaration of assets and liabilities made public by the registrar of political parties, Mohammed Saneem yesterday.

According to the declaration of assets and liabilities, Rear Admiral (Ret) Bainimarama gets $230,000 in salary, a $20,000 entertainment allowance and other allowances totaling $28,750.

Apart from his salary, the listed assets of the Prime Minister and his wife Mary include a Hyundai Tucson valued at $30,000 and a property in Nadi valued at $25,000.

Rear Admiral (Ret) Bainimarama has three accounts with Bank of South Pacific where one account has $51,207.31, $101,968.70 in his cheque account and $104,815.20 in his term deposit account.

His other assets include Mataivalu savings of $26,042.36 and Unit Trust, $14,443.91.

Rear Admiral (Ret) Bainimarama also has two loan accounts with BSP, which have a total value of $301,772. The total value of his net assets stand at $15,704.60.

The declaration by Attorney-General and party general secretary Aiyaz Sayed-Khaiyum and his wife Adi Ela shows that the Attorney-General sits on an annual salary of $185,000.

The listed assets of Mr Sayed-Khaiyum and his wife include a property worth $500,000 along Vunakece Rd in Namandi Heights.

The two have another property owned through Midlife Investments Limited in Nadi worth $80,000.

Separately, they have three bank accounts which have a total of $16,940.58 in them.

Their total assets amount to $596, 940.56 and liabilities to $470,005.23.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.64830.6293
JPY 55.152652.1526
GBP 0.38480.3768
EUR 0.43900.4270
NZD 0.68110.6481
AUD 0.65260.6276
USD 0.49180.4748

from

$0.00

Exchange Rate updated on 23rd, June, 2017

Today's Most Read Stories

  1. FRA boss quits
  2. Umarji walks free
  3. Allowance increase
  4. Farmers: '$15 too much ... fix tramlines'
  5. Khan: No big fete
  6. New cars 'affect taxi business'
  7. Home in Fiji
  8. Suva to play Labasa tomorrow
  9. Katonitabua clarifies gravel royalties
  10. FDB wins Asian award

Top Stories this Week

  1. Radio host cleared of rape Tuesday (20 Jun)
  2. Band releases tribute to Radradra Sunday (18 Jun)
  3. Pastor denies claims Thursday (22 Jun)
  4. Youths earn $76,000 from grog harvest Sunday (18 Jun)
  5. For better, for worse, Burotu ties the knot Saturday (17 Jun)
  6. Electricity bills worry customers Monday (19 Jun)
  7. No terror link Tuesday (20 Jun)
  8. 4 dead Thursday (22 Jun)
  9. Media boss in road accident inquiry Thursday (22 Jun)
  10. Under scrutiny Wednesday (21 Jun)