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Rabuka clarifies involvement in NBF Saga

July 2, 2018 7:24 pm

The National Bank of Fiji corruption saga has taken another twist after former Prime Minister and current SODELPA Leader Sitiveni Rabuka clarified that he was not involved.

In an exclusive interview with FBC News, Rabuka said the NBF issue was already there when his government came in.

Rabuka says claims by the Fijifirst government of his involvement in the National Bank of Fiji crisis are not true.

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“We cleaned it up the rot was there and my government was responsible for cleaning it up.”

However, during the budget announcement Minister for Economy Aiyaz Sayed-Khaiyum says the NBF was closed down due to corrupt practices during Rabuka’s leadership.

“Back in 1996 madam speaker, the government of the day took out a huge amount of debt, that debt as not spent on Fiji’s families or infrastructure but debt was squandered to bail out deposit from the national bank of Fiji.”

Rabuka admitted that some of SVT government officials were part of it, but he was not.

“All in all very few of the SVT parliamentarians were involved in a bad way, personally i have no dirty fingers in anything about NBF.”

While the question of what caused the collapse of the NBF remains in dispute, the reality is that thousands of Fijians suffered and it was also costly to the growth of our economy.

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