Why Fijian Holdings to build $20m
Police HQ?
[posted 30 June 2009,13.30]
Fiji Labour Party questions government
decision to let the $20m Police headquarters be built as a Fijian Holdings
project to be leased to the Police Force for 20 years on completion.
“Why was Fijian Holdings Ltd (FHL)
selected without other interested parties being given an opportunity to make
their bid?” Labour Leader Mahendra Chaudhry asked.
“The decision contravenes Fiji’s financial
regulations and lacks transparency. The proper procedure should have been
for government to call for expressions of interest. In fact, it should by
right be a government project,” he said.
Mr Chaudhry warned that the Police Force
would end up paying through its nose if it were to lease the building from
Fijian Holdings as it would be a profit making venture for the FHL.
Secondly, FHL is already struggling for
funds to settle its BP Oil deal. Where will it get the money from to finance
the $20m building project?
Mr Chaudhry also questioned government
wisdom in allowing the prime commercial site in Selbourne Street to be used
for Police headquarters which is not a money-generating venture.
“The Selbourne Street location is an ideal
commercial site which has the potential to generate substantial income for
government where it to be properly developed as a commercial complex and
leased out to the private sector,” he said. |