Involvement in Interest
Hafiz Khan borrowed one million dollars from Westpac unconstitutionally to construct the Samabula shopping complex, he got this approved at a Council meeting held at Suva Muslim College. In that meeting he claimed that all the interest will be paid by a brother and not FML but have a look yourself in the last financial accounts FML is paying almost $80,000.00 interest a year against revenue from that property which is $70,000.00. A investment which is 100% haraam and which runs at a loss, and as claimed by the liar President Hafiz Khan no one but FML is bearing the cost of interest.
The Following properties are mortgaged under Westpac Bank, millions of dollars have been borrowed and where the money has been spent is only known by the corrupt Hafiz Khan:
- Nabua Property – 55 acre freehold
- Ba Farm
- Ba Muslim Primary
- Kamil Muslim College
- Headquarters Property
- Lautoka Flats
- Lautoka Muslim Primary
- Nasinu Muslim Primary School
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