THE 2014 Office of the Auditor-General’s report on Government Commercial Companies reveals that Fiji Ports Corporation Ltd (FPCL) still owes the Fiji Military Forces $195,841 for security services provided in 2007.
The report states there has been no supporting document for payments thus the inability of FPCL to process the payment.
“The lack of information increases the risk that the amount due may be incorrectly stated,” the report notes.
In response to this, FPCL stated it had taken up the matter with the RFMF for a response to be received on March 31, 2014 but since then the military has not been able to produce the proper documents.
FPCL also added it would now seek the endorsement of the board for “write-back” of these amounts.
The OAG’s report further revealed an unaccounted investment of $1.002m between FPCL and Fiji Ships Heavy Industries Ltd (FSHL). FPCL records that FSHL had invested $6.6m while FSHL records revealed it had invested $7.66m.
The OAG said the company should ensure the variances were rectified.
FPCL responded by saying it had been trying to rectify the issue but to no avail because of the lack in documentation.
