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News

FNPF denounces attempts to defraud the fund

August 16, 2019 8:52 am

The Fiji National Provident Fund has denounced the attempts by members to defraud the Fund.

Chief Executive Jaoji Koroi says they strongly condemn attempts by members to gain access to their retirement savings through dishonest means and warns that it will come down hard on those who commit these fraudulent acts.

Koroi says it is regrettable that some members are resorting to dubious means in order to access their funds and are ruining their lives in the process.

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Koroi reminded members that their savings were for retirement and stressed that they can only access these funds under specific withdrawal grounds.

He says there are control mechanisms in place to curb fraud and it’s these controls that have helped them detect dishonest activities.

He labelled the involvement of a former Fund staff as deplorable, adding that the Fund will make no exceptions when dealing with those who choose to go rogue.

Koroi has also assured that they will not go easy on anyone who abuses the trust bestowed on the Fund as custodian of members’ funds.

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