A blogger called Casino Royale has been posting on blog sites the text of the Casino (Operator) Decree 2012.
Casino Royale says nothing about why he posted the decree but it seems it’s timed to coincide with the expected announcement by One Sands about their casino, which has failed to materialise on Denarau island.
It’s no secret the hold-up in the commencement is due to failure by Larry Claunch to nail down finance. And why would that be? Probably for the same reason that investment across the board in Bainimarama’s Fiji is held back – the Khaiyum clause is in almost every law and the fact that the court system is run by this megalomaniac as some kind of personal fiefdom.
In the Casino decree it comes in this form
“14. No court, tribunal, commission or any other adjudicating body shall have the jurisdiction to accept, hear,
determine, or in any other way entertain any challenge at law, in equity or otherwise (including any applications for
judicial review) by any person or body, or to award any compensation or grant any other remedy to any person or body in relation to –
(a) the validity or legality or propriety of this Decree;
(b) the validity or legality of the Licence or operation of the Company; or
(c) any decision of the Minister made under this Decree.
When financiers see this clause it’s a complete turn-off.
Anyone in the business world could tell Bainimarama the Khaiyum clause, taken with the way the court system operates, deters investment. But Bainimarama never gets to hear what businessmen really think because Khaiyum punishes anyone who speaks out.