30 Apr 2014

Former Fiji PM to be sentenced this week

4:44 am on 30 April 2014

A former Prime Minister of Fiji, Mahendra Chaudhry, is expected to be sentenced on Thursday for breaching the country's Exchange Control Act.

The Fiji High Court this month found Chaudhry had invested 1.5 million Australian dollars outside Fiji without informing the Reserve Bank, while he was the Minister of Finance.

He risks being jailed up to two years or a fine of several million dollars.

Meanwhile, the Fiji Law Society's president, Dorsami Naidu, says many Fiji citizens may have breached the Act without realising it by banking overseas.

"They try to get it out to a safer place and can you really blame them, where it can earn better interest, where it retains its value, but unfortunately people don't realise that when it is left there for several years while they are living in Fiji, they may be committing an offence."

Fiji's Law Society president, Dorsami Naidu.