A former human rights commissioner of Fiji says the Fiji National Provident Fund has long been accused of poor administration.
Shaista Shameem was speaking after the conviction yesterday in the Fiji High Court of a former deputy director general of the FNPF, Foana Nemani, who is currently living in New Zealand.
Nemani was found guilty of abuse of office by paying allowances to herself and the former CEO of the fund in 2006 and not following proper procedure.
Shaista Shameem says she represented pensioners in a class action against the fund.
"I found that the Fiji National Provident Fund had been run for a very long time without proper oversight. The board had made investments that had very little substance to them and money had deteriorated. The quality of the fund had deteriorated over decades."
Shaista Shameem says due to the improving relationship between New Zealand and Fiji, an extradition application for Nemani may be more likely to succeed.