Lupepau‘u $181 million investment project not yet approved, Labour & Commerce CEO says

'Oku taupotu 'i lalo ha fakamatala faka-Tonga

A multimillion project known as Lupepau’u Village Investment Project has not been approved, Labour and Commerce CEO Edgar Cocker told Kaniva News.

Cocker said the project, which was owned by Hon Lupepau’u Tuita Taione would benefit the kingdom’s economy and local people, but he had not approved it.

Asked about a copy of a Cabinet decision on June 7, 2018  seen by Kaniva News which showed the authority had approved the project, Cocker said he was unaware of it.

He said if Cabinet had approved anything regarding the project it was part of an effort by Princess Pilolevu’s daughter to fulfill the requirements needed before they applied for a license for the business.

We sent the Cabinet decision to the Prime Minister’s office and asked the Acting Chief Secretary to confirm the information,  but have not received a response.

The Cabinet decision, which appears to feature the Acting Chief Secretary to Cabinet ‘Olita Ha’ina Mo’uta Tupou’s signature, showed the Cabinet ministers had approved the project.

The document appears to show the Cabinet Ministers had noted that the project would involve TP$181 million  which was broken down as follows:

$11 million of foreign investment to ‘Lupepau’u Village’ working account BSB Bank.

$20 million to building a seawall of reclaimed material.

$150 million to reclaim 3000 acres at the Greater Hihifo area.

A 99 year lease of the reclaimed land of 3000 acres at the Greater Hihifo area in the name of Lupepau’u Tuita Taione.

When asked about the credibility of the project Cocker said as far as he knew investors from Hong Kong involved.

As Kaniva News reported last year, the Tongan government denied that an American group, the Red Warrior Group LLC, had been granted an exclusive gaming licence to build a casino facility in Tonga.

It was later revealed the Casino project was under a Tongan company known as Tavake Tamafua Tourism Investment Project.

The chief shareholders and directors were Havea Luigi Gatti and ‘Epeli Taione, who is married to the king’s eldest niece, Hon Lupepau’u Tuita Taione.

2 COMMENTS

  1. Kuo ‘i ai ha polōseki kuo fakaangaanga ki Tonga fe’unga hono mahu’inga fakapa’anga mo e $181 miliona ko e pisinisi ‘eni ‘a ‘Eiki Lupepau’u Tuita Taione.

    ‘Oku te’eki ke tali ‘e he Potungaue Leipa’ ha’ane laiseni.

    Neongo ia kuo ma’u ‘e he Kaniva ha tatau ‘o ha tu’utu’uni kapineti ‘o pehe kuo poupou’i ‘e he kapineti he ‘aho 7 Sune 2018 ‘a e polōseki ko ‘eni’ ke fakahoko ‘i ha kelekele lisi ‘i he toafa ‘i Hihifo fe’unga mo e ‘eka ‘e 3000 ‘i he vaha’a taimi ko e ta’u ‘e 99.

    Na’e pehē ‘e Cocker kapau ‘oku mo’oni ‘a e tu’utu’uni poupou ‘a e kapineti ko ‘eni’ ko e konga pe ia e feinga ‘a e ta’ahine ke fakakakato ‘a e ngaahi fiema’u ke kole ‘aki ha’ane laiseni.

    Ka ‘i hono mo’oni ‘oku te’eki ke ne tali ‘e ia ha laiseni ki he polōseki’ ni.

    Na’a mau ‘ave ‘a e tu’utu’uni kapineti’ ni ki he ‘Ōfisi Palēmia’ ‘o kole ki he Sekelitali Pule Le’ole’o ke ne fakapapau’i mai hono mo’oni’ ka kuo te’eki ma’u mai ha tali.

    Na’e toe pehē ‘e Cocker oku kei lahi e ‘u me’a ia ke fakahū ange pea ‘e fai e vakai ki ai pea ‘e toki makatu’unga mei ai hano fakakaukau’i ke foaki ha laiseni.

    Na’a’ ne pehē foki ‘e kau lelei ‘aupito ‘a e pisinisi ia ko ‘eni ki he kakai’ mo e fonua’ ka lava.

    ‘I hano ‘eke ange pe ‘oku fēfē tu’unga falala’anga ‘o e pisinisi’ ni na’e pehē ‘e Cocker ko e me’a pe ‘oku’ ne ‘ilo ‘oku ‘i ai ‘a e kau ‘inivesitoa mei Hong Kong ‘oku nau kau he polōseki’ ni.

  2. It’s so unwise to build the perfect money laundering vehicle in a country that is struggling with drugs.. Watch all that meth money be cleaned

LEAVE A REPLY

Please enter your comment!
Please enter your name here