Friday 24 August 2012

Fiji redefines tourism with Gerard Saliot

Fiji is not a very advanced land as far as global assets are concerned. The place is gradually opening up to the travel and tour industry but a major development was marked by Gerard Louis Saliot who recreated the face of Fiji on the travel and tour front.

Saliot is the CEO of Euro Asia group which is the primary body offering multiple services for the tourism and hospitality industry. As part of the project development plan Euro Asia works on resort development, hotel development and also golf, marine as well as residential estates.

Louis Gerard Saliot is the man who successfully executed the Natadola Marine Project in Fiji for the growth and development of people all across the land. Not only did Saliot mint a great earning source for the residents but he also re-established the presence of Fiji on the world map as an international tourist’s destination. A Fijian tourist could now savor the luxuries that only a great guest in Fiji would do at the time of experience to this cultural land.  The main aim of Saliot was to incorporate a part to the venture that could be well established on the land that Fiji is and nothing materialistic at all.  By the end of the project, the Fijina population had so much to thank Saliot for because the man not only reinvented the scope of tourism in Fiji but also lavished new facilities that the project created for the local population.  This gave a radical boost to the Fijian economy on the overall level.

Even though Gerard Saliot aims at creating a new opportunity for the benefit of the nation yet his ideas are par revolutionary and are in no way less than a profitable venture. His vision of socialistic achievements has always been the driving force of his success.  Based on his free spirited attitude, Gerard Saliot has definitely enjoyed a great deal of popularity which is downright remarkable and is especially worth a mark.

He is regarded as the mentor who has created a whole lot of difference in the life of many people. But since success and failure come along therefore Gerard Saliot has experienced both sides of the coin and is today a more balanced man due to these experiences. It is his never dying passion that inspires people to think better and work out in a more humane manner.

The story of Natadola project and Louis’s link to it makes the entire description exceptionally awe-inspiring since the development encompasses a barren land which found an all new identity with the idea of Louis to make it an epitome of travel and tourism.

Saturday 14 July 2012

The Secretive Deloitte Report Clears April Over Natadola Bay Project

The secretive Deloitte Sydney forensic audit committed by the Fiji National Provident Fund – FNPF - clears Louis Gerard Saliot and APRIL over the Natadola Bay Project


24th August 2011

The Board of the Fiji National Provident Fund (FNPF) is refusing to release the Deloitte Forensic Audit Report made in 2010 to the public. The report which reportedly cost the FNPF members $1.5million cleared the previous developer APRIL and its founder Louis Gerard Saliot of any wrongdoing regarding FNPF’s investment in the Natadola project from June 2004 until March 2007. The military appointed FNPF Board, acting on instructions of their masters, unlawfully terminated APRIL’s contract as Project Managers and Project Developers and appointed Bryan Jacob and his co-conspirators Sanjay Kaba of HLK Jacob, both structural engineers in APRIL’s place.

The secret Report, dated 21 July 2010, was divided into the following sections regarding Natadola:
  
Investment funding;
Payments made to suppliers;
Term deposits made by FNPF;
Location of assets purchased;
FNPF governance procedures; and
Conflicts of interest.
  
Not all of these sections were relevant to Gerard Saliot and APRIL’s involvement in the Natadola project.

All payments made during the APRIL management were found to be in order. There were no wrong payments involving Gerard Saliot entities.

The Report made some findings that some appointments of consultants etc made during the period APRIL was the Development Manager were made without a fully transparent or public tender process. However, Deloitte noted that in every such case the actual appointment were made and confirmed by the relevant FNPF or project Board ie there was no evidence that APRIL had abused its position in relation to any such appointment.

In its investigation, Deloitte noted that FNPF had spent Fiji $350M on its Natadola investment instead of the F$240M budgeted by APRIL in November 2006.

Crucially, the Report also found that there was no basis or justification for the former chairman of the Natadola Bay project Felix Anthony’s assertion that significant savings of over $100 million would flow from the removal of APRIL in the development of Natadola...!

In its investigation, Deloitte drew up a long list of what it classified as ‘lower risk payments’. The Report, however, concluded that there were no payments in this category that involved APRIL entities. What about the payments relating to the Bures at Natadola? Again, the Report found that all these payments were in order, and there was no evidence at all of any inappropriate or improper invoicing, delivery or payment.

Moreover, APRIL also never abused its position in relation to appointments etc etc.etc..

The Report also notes that after APRIL’s termination, serious defect’s in FNPF’s processes arose and were not remedied. Importantly, no competent (or any) Development Manager was appointed, and no replacement for GL Lal auditor was made.

Deloitte governance findings concluded with a recommendation that a referral of FNPF’s practices be made to FICAC. FICAC subsequently visited FNPF and took away all of its Natadola records. It is not known what, if any, action has flowed from that. Up today no action has been reported....?

Finally none in this expensive forensic audit were adverse to Gerard Saliot and APRIL...as Felix Anthony and his cronies were

In conclusion this forensic audit is all great stuff for Louis Gerard Saliot and his reputation but unfortunately it will probably never see the light of day. It will also not help APRIL position at law in Fiji to get back his assets..

The best we could hope for is that local (Fiji) agitation for the release of the Deloitte Report will one day see all this being released and published. We wouldn’t hold our breath!

Sunday 17 June 2012

The Socially Fertile Barren Land in Fiji

The concept of Natadola project was created and implemented by Louis Gerard Saliot, the CEO of two travel and leisure companies that have developed an international level across the period. Louis Gerard Saliot imagined a whole new Fijian vacationer lifestyle that involved pleasure from the splendid luxuries of being a visitor in Fiji while simultaneously encountering the well based lifestyle of the place. Saliot incorporated the very best in this travel and leisure project however he trapped to the earth and only exercised matching resources for the Fijian area without grabbing away any of their appearance under the project conditions.

By the end of the Natadola project, Fiji had so much to thank Gerard Saliot for. The man not only expanded the encounter of Fijian areas and travel and leisure possibilities by generously developing the best of features as an aspect of the project but also consequently developed a whole lot of job possibilities that introduced in a extreme increase to the Fijian economic climate as a whole.

Even though Gerard Saliot makes a unique chance of nationwide advantage in each and every project he performs yet the Natadola sea project was extremely developed. The best aspect about Gerard Saliot is that he envisions socialistic success rather than simply old success in each of his project. His totally free lively mind-set towards perform is absolutely amazing and can be well regarded for the reputation he legal courts these days.

The travel and leisure market regards him as a tutor. He is someone who has developed the change with his every shift and choice however great individuals great both success and breakdowns. The same can be said of Louis Gerard Saliot who has experienced both good and bad periods. Yet his never passing away interest towards perform is an exemption that individuals usually obtain motivation from. His existence is a advantage that cannot be neglected.