7 Aug 2014

No surprise at Fiji casino falling flat

10:34 am on 7 August 2014

The leader of the National Federation Party says he's not surprised by news that the developer of Fiji's first casino has sold its stake to another party.

The government announced late in 2011 that One Hundred Sands would build the casino, in partnership with a Native American tribe, however construction hasn't started.

Delays and a lack of information led to the Snoqualmie Tribe pulling out of the deal and tribal chairwoman Carolyn Lubenau says One Hundred Sands has recently sold its interest in the casino to someone else.

NFP leader Professor Biman Prasad, and former dean of economics at the USP, says the project never felt right.

"You know right from the start it you know appeared to be something which was wishful thinking on the part of this government that suddenly investors from outside the country will come in with millions of dollars and undertake some serious investment."

Biman Prasad.

Attempts to get comment from the government and the developer have so far been unsuccessful.