Former Finance Minister Professor Biman Prasad has announced his resignation from all ministerial roles, including Finance, Strategic Planning, National Development, and Statistics, following charges filed against him by the Fiji Independent Commission Against Corruption (FICAC). In his statement, Prasad emphasized the necessity of stepping aside to allow the legal process to unfold.
Prasad’s decision comes after he informed Prime Minister Sitiveni Rabuka about the charges. He expressed his commitment to resolving the allegations promptly through his legal team, who will handle the situation efficiently. Prasad conveyed gratitude towards the Prime Minister for his support, as well as appreciation for the encouragement he received from the public and solidarity from the National Federation Party (NFP) caucus during this challenging period.
He articulated a perspective on political life as one that requires service and sometimes sacrifice, indicating his intent to continue representing his constituents from the backbench in Parliament despite stepping down from his ministerial positions.
This incident follows a series of previous investigations by FICAC, which had earlier declined to pursue allegations related to Prasad’s asset declarations under the Political Parties Act due to a lack of grievances raised over the past decade. The renewed charges have intensified calls for transparency and accountability among government officials, particularly from opposition parties like the Fiji Labour Party, which has been vocal in its demands for integrity within Fiji’s political landscape.
As this situation continues to develop, it highlights significant conversations around governance, ethical conduct, and reform in Fijian politics. Ultimately, while Professor Prasad faces legal challenges, this case serves as an opportunity for dialogue that could strengthen public trust and enhance ethical standards in government.