Fiji Time: 8:57 PM on Thursday 11 February

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 0.65910.6401
JPY 54.274451.2744
GBP 0.32490.3169
EUR 0.41900.4070
NZD 0.71410.6811
AUD 0.66860.6436
USD 0.47530.4583

from

$0.00

Exchange Rate updated on 11th February 2016

Today's Most Read Stories

  1. Dead on the beach
  2. A-G: Politicians advocated travel ban
  3. Gone but not forgotten
  4. Civil servant taken into custody by FICAC
  5. Amendment bid
  6. Rakiraki town flooded, shops closed
  7. Weather watch: Met Office issues heavy rain alert
  8. USP's financial review
  9. $25k poultry project
  10. Weather: Floodwaters destroy farm

Top Stories this Week

  1. Angry 7s fan smashes TV screen Tuesday (09 Feb)
  2. Sevens changes Friday (05 Feb)
  3. Need speed Monday (08 Feb)
  4. 3 MPs are out Wednesday (10 Feb)
  5. NZ 7s final refereeing charade an embarrassment Monday (08 Feb)
  6. Ryan: Sunshine ahead Tuesday (09 Feb)
  7. Investigation as nurse falls with baby Tuesday (09 Feb)
  8. Legal row Friday (05 Feb)
  9. Dead on the beach Thursday (11 Feb)
  10. Sydney 7s thriller Wednesday (10 Feb)