The Suva High Court has ruled against businessman Laukesh Sanjay Raj, allowing forfeiture proceedings initiated by the Fiji Independent Commission Against Corruption (FICAC) to progress concerning a triple-storey property, which includes 11 flats situated in Tacirua, Suva. The decision, made by Puisne Judge Chaitanya Lakshman, permits the case to move forward, emphasizing the judiciary’s commitment to address alleged corruption.
FICAC initiated the forfeiture action by claiming that the flats in question were acquired based on false or misleading information provided to the Housing Authority. Despite Mr. Raj’s efforts to dismiss the claim on the grounds of insufficient cause of action, the Court concluded that FICAC had validly secured a restraining order over the asset, asserting that it was suspected of being linked to criminal activities.
The proceedings saw input from HFC Bank, which confirmed through an affidavit that Mr. Raj had obtained financing for the property. Although this financing aspect was unchallenged, FICAC contends that the acquisition process involved fraudulent activities, such as failing to declare property owned jointly and presenting a falsified payslip during the loan application.
Additionally, the Court acknowledged ongoing allegations of fraud and forgery concerning this property, currently under review in the Magistrates’ Court. Justice Lakshman explained that the term “tainted property” extends beyond just proceeds of crime; it includes benefits stemming from such proceeds and any properties connected to criminal offenses.
By denying the request to dismiss FICAC’s forfeiture action, the High Court has ensured that the legal process will continue, reinforcing the authorities’ determination to fight corruption and hold individuals accountable in property transactions. This ruling serves as a reminder of the importance of integrity in financial dealings and the ongoing efforts to maintain law and order in Fiji.