FICAC closes file against Bainimarama as there is insufficient evidence to support claims made by FEO

FICAC reveals that it had written to the Supervisor of Elections, Ana Mataiciwa on 24th July 2024 advising of its decision to close the file into the matter pertaining to Voreqe Bainimarama on the allegation of submitting false declaration of Income, Assets and Liabilities for the years 2014 to 2019 and 2022.

FICAC says the matter was referred to them by the Fijian Elections Office in February year.

They say investigation findings revealed that Bainimarama declared his dividend as well as declared his shared value and term saver account in which the dividend was credited.

FICAC says the investigation findings also concluded that in accordance with Income Tax (Exempt Income) Regulation 2016 Schedule (Regulation 3), the allowance is exempted.

They says this exempt income is classified for all official allowances paid to Members of Parliament.

FICAC however says, Section 15 (c) of the Income Tax Act outlines it does not recognize any allowance to the extent expending the performance of the employee’s duties of employment which includes per diem allowance.

They say based on the outcome of the investigations and the legal opinion rendered thereafter, there is insufficient evidence to support the claims made by the complainant.