FICAC Launches National Investigation into Walesi PTE LTD Financial Audit

FICAC has launched an investigation into Walesi PTE LTD following an audit revealing $123.6 million spent on the Digital Terrestrial Television Project from 2015 to 2022. The Deputy Prime Minister provided the audit to FICAC, which has established a special taskforce to lead the investigations under Commissioner Barbara Malimali’s directive.

The Fiji Independent Commission Against Corruption (FICAC) has initiated a comprehensive investigation following the revelations from an audit concerning Walesi PTE LTD. The audit highlights an alarming financial figure of $123.6 million disbursed by the Government for the Digital Terrestrial Television (DTT) Project from 2015 to 2022. FICAC received this audit from Manoa Kamikamica, Deputy Prime Minister and Minister for Trade, who underscored its significance in a recent parliamentary session. FICAC has formed a special taskforce directed by Commissioner Barbara Malimali, with Assistant Manager Alifereti Wakanivesi leading the investigative efforts, signaling a serious commitment to addressing potential discrepancies in the management of public funds.

The ongoing investigation by FICAC into Walesi PTE LTD arises from an extensive audit that scrutinized the financial allocations made towards the Digital Terrestrial Television (DTT) Project. With government funds amounting to $123.6 million disbursed over seven years, the necessity for transparency and accountability in the utilization of these resources has prompted national interest. The findings have implications for governance, financial oversight, and the integrity of public sector operations in Fiji.

In conclusion, the appointment of a special taskforce by FICAC signifies the gravity of the findings regarding funds allocated to Walesi PTE LTD. With such a substantial sum involved, the investigation aims to uphold accountability and ensure a transparent assessment of the financial dealings associated with the Digital Terrestrial Television Project. The outcomes of this inquiry could influence future governance and public trust in handling state resources.

Original Source: www.fijitimes.com.fj

About Ravi Patel

Ravi Patel is a dedicated journalist who has spent nearly fifteen years reporting on economic and environmental issues. He graduated from the University of Chicago and has worked for an array of nationally acclaimed magazines and online platforms. Ravi’s investigative pieces are known for their thorough research and clarity, making intricate subjects accessible to a broad audience. His belief in responsible journalism drives him to seek the truth and present it with precision.

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