AG seeks answers from casino developer
Report by: Shanal Sivan
Attorney General Aiyaz Sayed-Khaiyum has written to the chairman of One Hundred Sands Limited asking him to show clear cause why the Government should not cancel its exclusive casino license.
In a statement he says their response will be assessed in the best interests of the Fijian people.
Sayed-Khaiyum says the Fijian Government will not hesitate to cancel the license if the company cannot demonstrate that construction of the new casino will begin soon, to the agreed-upon standards and specifications.
“This process is done through a very transparent process. When we call for tenders or expression of interest, you don’t have other people sitting there. People apply, we asses. We went through a particular process and they were selected. If they obviously cannot do it or if their licence is cancelled then we have through go another process.”
Sayed-Khaiyum adds with due consideration of the significant economic benefits the project would bring to Fiji, Government has given One Hundred Sands ample time to get their finances in order.
Under the terms of the License, One Hundred Sands will be required to pay the Fijian Government a US$100,000 penalty each month that the project remains incomplete, beginning 1 October 2013.