Today's Fiji Post informs us that Ah Koy will head the Fiji Trade and Investment Bureau. Surely there is a conflict of interest here - or perhaps not a conflict but an opportunity! I think the journalist got some of Ayn Rand's words a bit twisted - read line in italics. Another article in today's Fiji Post is headed with the word 'curruption' so needs a spell-checker.
Businessman and former politician, Sir James Ah Koy.
Sir James to head FTIB
23-Mar-2007 04:36 PM
FIJI business tycoon and former politician, Sir James Ah Koy is likely to head up the Fiji Trade and Investment Bureau from today.
Commenting on his imminent appointment to the important government instrumentality, Sir James said his acceptance of the invitation was based on "selfish motives" and "an interest in national preservation".
He said that his renewed role at the FTIB was primarily to maintain and protect the future of his own investment in Fiji.
He called on other investors with much at stake to similarly "pitch in" out of "self-interest" if they "want to protect their investments in the country".
"The economy is going bad for the present - there is no doubt about it," said the 70-year-old patriot, "but this is not the time for Atlas to Shrug".
Referring to the libertarian objectivist philosopher, Ayn Rand's classic 'Atlas Shrugged', Sir James said, "those with talent and know-how must not evade their responsibilities and leave the nation to those who don't know what they are doing. Now is the time to desert out investments and head for the hills-as Ayn Rand depicted in her classic (novel)".
"No, this is the time to get involved," he said.
Sir James warned that unless those with skil and resources act to prevent their investments, "they shouldn't complain if they lose out".
FTIB is a statutory body formed by Government to promote investment opportunities and facilitate development of industries, ventures or enterprises that create employment opportunities, increase exports, reduce imports, or are otherwise beneficial to the economy of Fiji.
The FTIB Board is appointed by the Minister for Commerce, Business Development and Investment. The Board’s role is to set directions that FTIB needs to take to increase investment in Fiji and exports and to ensure that FTIB is meeting the objectives outlined in the FTIB Act. The FTIB Board consists of experienced representatives from the private sector covering the key sectors and the representatives from various parts of Fiji. The current Board members are as follows:
Joseph Singh (Chairman); Taito Waradi (Deputy Chairman); David Aidney; Dinesh Patel; Isireli Koyamaibole; Joseph Rodan; Viliame Gavoka; Kemueli Qoro; Tula Ram Jaduram; Ulaiasi Taoi; and Malakai Tadulala.