Fiji injunction to be withdrawn
By Administrator |
While peace looks to have broken out between the shareholders of the Waqavuka Development joint venture between the Motibhai Group and the Tokatoka Nadrau Holdings Trust, it looks as if the same thing may be
happening with the airport authority.
Waqavuka Development has now agreed to withdraw the injunction that it filed against Airports Fiji Limited (AFL) last month.
The Writ of Summons was filed in the High Court of Fiji (Western Division) at Lautoka on December 21, 2005 which essentially sought to restrain AFL from tendering Motibhai?s shops. It also called on AFL to honour its ‘agreement’ with Waqavuka Development for the joint venture to begin operating five duty free shops at Nadi International Airport in a 10-year contract beginning this month.
The Business has obtained a copy of the writ which specifically calls for the following: ‘An injunction restraining the Defendant, its officers, servants, employees, agents, or in any other manner howsoever from calling for tenders both locally and internationally in the quoting of concession in respect of Shop 1 on the ground floor and shops 4 to 8 (inclusive) on the first floor of Nadi International Airport Departure Area at Namaka, Nadi.’
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