Micheal Blanchflower that Mr Qarase was appointed financial advisor to the Fijian Affairs Board (FAB) and Great Council of Chiefs (GCC). He said government invested $20million in Fijian Holdings Limited (FHL), by then a public company, making FAB a shareholder.
FULL ARTICLE AT Fiji Times
Michael Blanchflower presented the court with a number of documents that was written by Qarase back in November 1991. FHL secretary and chief executive confirmed receiving the letter signed by Qarase during his time as board of director at FHL.