Amrit Terminates FBC CEO Amid Allegation Of Massive Pay Out

Mr Amrit made the comments while announcing the termination of Mr Sayed-Khaiyum’s employment as the chief executive officer of FBC yesterday.

Monday 30 January 2023 | 20:05

FBC board chair Ajay Amrit and former FBC CEO Riyaz Sayed-Khaiyum.

FBC board chair Ajay Amrit and former FBC CEO Riyaz Sayed-Khaiyum.

An investigation will soon be called to look into the spending of close to $94 million of Public Service Broadcasting (PSB) fee or grant from the Government to Fijian Broadcasting Corporation (FBC) since 2008.

FBC board chair Ajay Amrit alleges that since Riyaz Sayed-Khaiyum took over as CEO in 2008, the Government had paid out a total of $93,782,811.45 in PSB fee to FBC.

Mr Amrit made the comments while announcing the termination of Mr Sayed-Khaiyum’s employment as the chief executive officer of FBC yesterday.

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Story by: inoke.rabonu@fijisun.com.fiji