Momi regaining losses

Fiji National Provident Fund’s General Manager Member Services Alipate Waqairawai responds to queries raised by the members at the Chief Executive Officer Jaoji Koroi looks on during the FNPF member forum in Lautoka. Picture: REINAL CHAND

FUNDS lost due to unpaid loan repayments by former developers of the Momi Bay Development in 2006 have been regained through the success of the Fiji Marriott Momi Bay Resort. The development was acquired by the Fiji National Provident Fund in 2009 as a mortgagee of the project which was being developed by Matapo Ltd. […]

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