The i-Taukei Land Trust Board says lease monies for landowners below the age of 18 are safe.
General Manager Tevita Kuruvakadua says a total of 26,178 individual i-Taukei landowners under the age of 18 are currently with lease entitlements at a total value of $7.17 million.
Kuruvakadua says all monies belonging to i-Taukei landowners under the age of 18 are being allocated and securely kept within TLTB until they are matured enough to access these funds.
He says these funds are invested by the Board on behalf of the minors and will be paid out with the dividends once they reach the age of 18.
Kuruvakadua further says that landowning unit members above the age of 18 years who had successfully registered with TLTB should have already started receiving their lease entitlements from their various lease rentals received through the Board.
Stay tuned for the latest news on our radio stations