NEWS

Ratu Sela Banks On Experience In PAC

SODELPA MP Ratu Sela Nanovo is the newest member of the Public Accounts Committee. He replaced National Federation Party leader, Biman Prasad, who was voted out as committee chairman and
30 Jun 2016 11:09
Ratu Sela Banks On  Experience In PAC
SODELPA Member of Parliament Ratu Sela Nanovo

SODELPA MP Ratu Sela Nanovo is the newest member of the Public Accounts Committee.

He replaced National Federation Party leader, Biman Prasad, who was voted out as committee chairman and later resigned last month.

Ratu Sela said the Opposition caucus had nominated him.

The Leader of the Opposition, Ro Teimumu Kepa, had requested Mr Prasad to select someone from the NFP to take up the post but they declined.

“There was a vacuum when Biman left and they didn’t select any one from their party to replace him so the decision was made by the Opposition caucus for me to fill the empty seat ,” Ratu Sela said.

He said his name was put forward before the caucus and was voted upon.

Ratu Sela said he came with 25 years of banking experience and hoped to use it during his term as PAC member.

“I also set up the Kadavu Holdings Limited so I have financial backgrounds and familiar with economic function of an institution,” he said.

Ratu Sela said his banking experience would be a great assistance in scrutinising reports tabled before PAC.

“During my banking days; we normally do this also, audit reports are compiled and we work with auditors where we are advised on what was lacking with us.

“We made sure to correct reports made by loan officers in the bank and ensure that weaknesses are not repeated again in the future,” he said.

Ratu Sela said there was a lot of outstanding work that needed to be done and the committee’s work plans are expected to be formulated soon.

“All I can see is that we have limited time because we have to complete all our work hopefully by the end of September,” he said.

PAC chairman Ashneel Shudhakar welcomed Ratu Sela and said he hoped they would work together.

 

Edited by Nemani Delaibatiki

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