Tuesday, April 13, 2010
Croz's 3rd Radio NZ Inte[r]view On Fiji.
Interview posted in MP3 player below:
Sunday, April 11, 2010
Great Expectations? Pacific Academics Talk About The Meaningful Possibilities In Oceanic Education.
Interview on MP3 player posted below.
Presenter: Bruce Hill at the conference of the Australian Association for the Advancement of Pacific Studies at Victoria University, Melbourne.
Speaker: Dr Helen Hill, Victoria University in Melbourne; Tereseia Teaiwa, head of Pacific Studies at Victoria University in Wellington, New Zealand; Dr Michael Mel, University of Goroka in Papua New Guinea
Thursday, March 25, 2010
Banking On Reform- Fiji's NBF Crisis De'Ja Vu & U.S Financial System.
Recent NY Times Caucus blog post, (and re blogged by Huffington Post); provides some additional background on Elizabeth Warren.
Video archived footage (posted below) shows Warren grilling current U.S Treasury Secretary, Timothy Geithner.
More from E. Warren (posted below).
Elizabeth Warren on Consumer Protection (MMBM) from Roosevelt Institute on Vimeo.
Warren's principles should be highlighted to all practitioners of corporate governance and additional experts (self declared or otherwise) on Fiji's economy.One of Warren's major point has been plainly, simply and outrageously absent in current banking practice. Paraphrasing the words of the Professor of Contract Law at Harvard; Warren did not understand or comprehend most of wording and legalese within a majority of credit card/loan agreements.
Fiji Live article, covers the recent civil service workshop reviewing the National Bank of Fiji (NBF) banking scandal that occurred in the mid 90s. It would also be prudent for the Fiji workshop participants to become well appraised with the ideas and solutions Warren is advocating, as a possible panacea.
This important proviso should be an essential operating prerequisite, in Fiji's banking industry.
The excerpt of F.L article 1:
Failure to follow procedure ‘led to crisis’
March 24, 2010 06:12:52 PM
The failure of Government procedures to be followed usually means a lot of money being defrauded, says former judge Nazhat Shameem.
While facilitating a corporate governance workshop in Suva, Shameem said the National Bank of Fiji saga was allowed to go on in the mid-1990s because certain procedures were not working.
“All procedures in place were not working and these included the Ministry of Finance audits, the Auditor General and even Cabinet where reports were being submitted.
“So all the mechanisms put in place by the Public Service failed! Why did they fail? How come all of them failed?”
Former Navy Commander Viliame Naupoto responded saying, “perhaps it is a case of government authorities being either too close (to the bank) or too far away”.
He said by being too close, the minister concerned may have been involved in the fraud, and by being too far, meaning the Auditor General would come in only at the end of the year to carry out his audit.
“It would have to be an oversight by authorities. That perhaps might be a contributing factor?” Naupoto suggested.
The workshop was attended by senior civil servants and the head of corporate organizations.
The F.L article quoted from vignettes within the workshop discussions. Parts of the Corporate Governance workshop topics explored the issues of regulation, role of media, regulators and the accompanying culture of silence that gave rise to the 1990's bank scandal in Fiji.
Fiji Live article 2 excerpt:
Rabuka govt was ‘dictating NBF policies’
March 24, 2010 01:03:08 PM
The government of former Fiji coup leader Sitiveni Rabuka was playing a lead role and dictating the policies of the National Bank of Fiji when it collapsed in the mid-1990s, a corporate governance workshop in Suva has heard.
Participants, mostly from statutory bodies in Fiji, were of the view that most board members of the bank at that time were reluctant to make a decision because the government of the day was dictating the bank’s policies and procedures.
Former High Court judge and workshop facilitator Nazhat Shameem then asked to what extent a government could dictate policies to a corporate body.
People benefiting from the bank she said, were not indigenous Fijians and Rotumans.
“What was happening at the bank was political influence. Could the board of directors at the NBF have said ‘no, we won’t implement such policies’, when it could mean a loss of jobs?”
One participant agreed that it was a moral question.
“The problem of not being able to speak out is a social issue. The board of directors, the Reserve Bank of Fiji and the Auditor General did not speak out except for the media.
“Witnesses were reluctant to come out and when they finally did, they changed their stories,” said Shameem, who was Director of Public Prosecutions at the time the NBF collapsed.
“It’s actually a huge social dilemma in Fiji,” she added.
Given the global economic situation and the debate on reform of the US banking industry, there are some slight commonalities, when or if compared with Fiji's NBF scandal.
Fiji Live (F.L) article 3 excerpt:
Media’s role in NBF crisis questioned
March 24, 2010 06:39:12 AM
The media told the public about the National Bank of Fiji crisis because no other organisation did, a workshop in Suva heard yesterday.
Former High Court judge Nazhat Shameem made the comment at a corporate governance workshop at Suva’s Holiday Inn.
Participants discussed whether the media responsibly reported the crisis or whether it just sensationalised the issue.
“While we understand, the role of the media, why was it allowed to inform the public when information could have been disseminated in a responsible manner,” one participant asked.
In response, Shameem said by the time the media got the story, the bank had already collapsed.
“If the media had not exposed the NBF fraud, who would have done it?”
“The question we need to ask ourselves is why the media told the story? The Auditor General could have done the audits.
“But no one did their job. All else failed, so the media stepped in” Shameem explained.
When the question of whether the media ‘mischievously’ reported on the issue was raised, Consumer Council chief executive Premila Kumar said the media did a good job of informing the public.
“After all, money in the NBF was all public money,” Kumar said
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Monday, March 15, 2010
Cyclone Tomas Hits Fiji,-Brief Video Footage.
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Sunday, March 14, 2010
Scotland's rugby-crazy Fijian soldiers
Tuesday, February 23, 2010
Whale Oil- Radio N.Z. perpetrates lies about Fiji petition
The excerpt:
Radio N.Z. perpetrates lies about Fiji petition
It is a while since I wrote anything about the country of my birth, but Radio NZ has finally driven me to it.
Probably the single best site on Fiji is Fiji the way it was, is and Can be. He has got stuck into Radio NZ. Unfortunately his blog isn’t widely read so I take this opportunity to spread the word more effectively.
Before I do I must choke out good comment about the recent work of Murray McCully to change the paradigm and rhetoric around Fiji.
Now onto the Radio NZ bollocks.“Fiji’s people have been fairly meek and accepting in the face of three years of military rule – but not any longer. On Friday, they submitted a petition to the military regime calling for the restoration of democracy and elections by the end of the year. It was backed by over 680,000 people – more than 80% of the country’s population.
It will be interesting to see how the regime responds to this. With that level of mass opposition, its not as if they can arrest everyone (besides the obvious problem of numbers, the soldiers may not be willing to arrest their families). OTOH, unless the people are willing to turn their mass opposition into colour-revolution-style mass protests, then the regime may not in fact have to do anything.”
Now read on to see where this nonsense came from.
RadioNZ reports, without prior enquiry, question or comment, that a petition “said to have the support of more than 600,000 people” has petitioned Bainimarama to hold elections this year. Link.( See other RadioNZ links below.) And Coupfourpointfive has followed suit.
So Radio NZ got some info on a petition supposedly from over 600,000 Fijian citizens to request a return to democracy and silly twat no Malcolm Harbrow dutiful starts spreading the lie. normally he researches a bit more beyond the issues but his blinkers are always on over Fiji.
So where did Radio NZ get their info from?The informant and main petitioner was Suliasi Daunitutu of Queanbeya, NSW, who is linked to the Australian FijiDemocracyNow movement. Suliasi said the petitioners, most presumably living in Fiji, “are afraid to express [their views] openly, so it’s being done through various political parties … Leaders of the Fiji Labour, SDL and National Federation Party…”
So. This is a petition based on past party membership lists not individuals who have signed in their own right or given parties to sign on their behalf. The lists were apparently given by these parties to Suliasi and then handed by him to Bainimarama! I certainly wouldn’t like to belong to a political party, or any other organization, which was so free with its
membership list. And if Bainimarama is as vindictive as Suliasi would claim, he isn’t doing his petitioners any good by giving him their names and addresses. The petition is immediately suspect on these grounds.Well, well, well three holes in the ground. No-one has actually signed a petition. The petition is made up of members of opposition political parties, with not a single signature to support the contention that 680,000 or the claimed 80% of population have signed the petition. In the numbers there is a problem to, apart from the obvious that there is no way that the SDL, Labour and the National Federation Party could possibly have 80% of the population enrolled as members. Though with Qarase anything is possible.
It is also suspect on the number of petitioners claimed:600,000 by RadioNZ; 685,936 by Suliasi, the main petitioner. How does he come even close to his 600,000 made up mainly of those on the party lists?
The adult population at the 2007 census was only 518,000, and the combined first preference votes given to these three parties in the 2006 election totalled under 240,000. I doubt that more than a few of these voters were registered members of the party for which they voted.Further, it cannot be presumed that voting for these parties four years ago would result in similar numbers voting for them today,
or the same voters being opposed to what Bainimarama has been
trying to achieve since 2006. Voting for a party is a limited
mandate.Mine does not assume it can speak on my behalf on all issues. But if all 240,000 “signed” the petition, a further 440,000 former Fiji citizens and other people living overseas would also need to sign to reach 686,000!
Did it not occur to someone in RadioNZ that 600,000 is more more than the total adult Fiji population of 518,000 recorded in the 2007
census, approximately one-third of whom were too young to
vote?Or did they consider the daunting task of getting at least 360,000 Australians and New Zealanders to sign to get even close to their
600,000? Such a massive petition would have reached the ears of the
media. Why have we not heard of it until now?
Digging deeper, Suliasi’s petition was in support of a petition by Vilisi
Naduka of Caubati in Nasinu who first came to public attention when in October 2008 he parked his car across the road at Nabua, Suva, in
protest against the Coup.Suliasi says the petition was handed to Bainimara last Friday
afternoon but Visili says he posted it after praying at the
Methodist Church and presenting a copy to the Church
President, not that the discrepancy really matters other than raising the question of what else Suliasi may have got wrong.
Well. the numbers are certainly suspect and so is the fact as to who presented what and when. Sounds like complete bollocks. Time to sell Radio NZ methinks.
The NZ taxpayer should not be subsidizing such poor journalism. Fancy Labour supporting such and inept bunch of hopeless fact checkers.
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