Page 4 - IB September 2018 Edition

Publisher’s Note

By Samisoni Pareti
Managing Director / Publisher
Samisoni Pareti
Group Editor-in-Chief When Malaysia’s Prime Minister-in- across the global network of enablers of
Samisoni Pareti waiting and leader of the Parti Keadilan money laundering and grand theft. I must
Rakyat, Anwar Ibrahim spoke at the Sin- commend some authorities including the
gapore Summit on 15 September to talk Department of Justice of the United States
about the state of his country, the lessons for giving us the support in the investiga-
Design Consultant he shared were arguably true in Malaysia tions to be able to secure at least some of
Dick Lee
as they are for the fledgling democracies these money squandered from the nation.”
Main Correspondents of the Pacific.
Fiji Anish Chand He spoke about how the traditional Free Media:
strongholds of the previous government “The importance of free media cannot
Australia Nic Maclellan
fell like dominos in the 9 May general elec- be overstated. I have shared that this free
Cook Islands Helen Greig tions. It was a nationwide tsunami, he said media sounds nice to some people but
Kiribati Taberannang Korauaba and the result was unprecedented as its for those in power its not something that
French Polynesia Nic Maclellan impact cut across national and provincial is well cherished, and that it would take
governments. discipline, tolerance and commitment to be
New Caledonia Nic Maclellan
On at least four key subjects of anti- able to support this initiative because it is
New Zealand Jason Brown corruption, the judiciary, free media and an antidote, the most effective antidote to
Niue Naea Michael Jackson the economy, he shared the following the arrogance of power.
reminders: “The media is certainly free now to
Papua New Guinea Sam Vulum
report the truth. To interpret the truth or
Patrick Matbob Anti-corruption: to debunk some of what was considered
Samoa Taina Kami-Enoka “Strengthening the institutions of gov- at least sacrosanct in our country. Unless
Solomon Islands Priestly Habru ernance so that never again will we allow those issues of governance and account-
the executive to wield so much power and ability are addressed then the credibility
Tonga Iliesa Tora
do so much damage to the nation. The of media in an era of fake news would
Vanuatu Bob Makin anti corruption body, the MACC used to be remain suspect.”
answerable only to the Prime Minister is
now made accountable to parliament. One Economy:
of the great failures that we will be paying “To suggest that our government has
Islands Business is published monthly by the price for years to come was that the inherited a fiscal mess would be an un-
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Editorial & Advertising Offices anti-corruption commission was not able derstatement. As we enter the ministries
117 Amy Street, to function independently. and started taking controls of the reigns
PO Box 12718, Suva, Fiji Islands. “The auditor general’s office has also of power, we are learning the full extent of
Tel: +679 330 3108 been earmarked to be independent of the how the previous administration misman-
executive. This will go very far in ensuring aged the country.
Emails that real effective oversight of Malaysia’s “I will go as far as to say that it was
Editorial: editor@islandsbusiness.com finances. “ a case of criminal financial mismanage-
Subscriptions: subs@islandsbusiness.com
Advertising: marketing@islandsbusiness.com ment not withstanding that we have
Judiciary: had accolades from analysts, from rating
“We also need to ensure that the judi- agencies but now when we go through
Printing:
PrintHouse, Suva, Fiji. ciary is independent and misconduct by the accounts, horrendous crimes were
RUGBY FAIRNESS: PUSH FOR BIG GUNS TO GIVE BETTER DEAL P24 judges and lawyers carry swift significant committed at the expense of the country
BUSINESS
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4 Islands Business, September 2018