Where are the returns from Kadavu House?

Where are the returns from Kadavu House since 2007?

That is a major question that some of the stakeholders are asking as those involved also try to sort out the issue in relation to the ownership of the 8 storey Kadavu House.

At this point, some stakeholders have told Fijivillage News that Kadavu House is managed by Kadavu Holdings Limited.

Kadavu Holdings was set up by Kadavu Development Company.

The company also known as KDC was formed as a business arm of the Kadavu Provincial Council.

With rental for Kadavu House being paid since 2007, Fijivillage News has established that no returns have gone to the provincial council and towards the development of the people of Kadavu.

Former Chairman of the Kadavu Provincial Council and a former director of Kadavu Development Company, Ratu Josateki Nawalowalo confirmed that no returns from Kadavu House have been given to the provincial council since 2007.

Questions were also raised at the time about the ownership of Kadavu House, how the people involved got the loan and whether it was truly an effective Affirmative Action programme and would benefit the ordinary people of Kadavu.
 
The Kadavu Provincial Council meets this Wednesday and Thursday while the Kadavu Development Company meets on Friday.

Fijivillage News pointed out the government's concerns in 2007 when it brought up the issue that a number of individuals who were not part of the provincial council were sitting as directors of the company.

Nawalowalo agrees that the government was seriously concerned about this issue as the FNPF loan was granted based on the connection to the provincial council.