Former CEO Riyaz Sayed-Khaiyum and current CFO Vimlesh Sagar are currently in custody at the Fiji Independent Commission Against Corruption (FICAC).They will be produced at the Suva Magistrates Court this afternoon.
Sayed-Khaiyum faces two charges: Abuse of Office and General Dishonesty – Causing a Loss. Sagar is charged with one count of General Dishonesty – Causing a Loss.
The charges stem from allegations involving the tender and procurement of a 3.0L Volkswagen Touareg vehicle valued at $207,470.00. More updates to follow.