Purchase of EFL shares a desperate measure, says Prof Biman
26 August, 2019, 1:22 am
FIJI National Provident Fund’s purchase of the 20 per cent shares in Energy Fiji Ltd worth $220million is a desperate measure by Government, says National Federation Party leader Professor Biman Prasad.
Prof Prasad’s comments come after a signing ceremony for the partial investment of shares in EFL was facilitated by Economy Minister Aiyaz Sayed-Khaiyum in Suva on Friday.
Mr Sayed-Khaiyum had said this would allow FNPF to sit on the EFL board.
Read the full report in today’s edition of The Fiji Times.