Vanuatu Post Limited

Vanuatu Postal Services Ltd CEO suspended

The board of the Vanuatu Postal Services Ltd said it was concerned about certain particulars listed in the 2012 Audit Report and had also observed issues of negligence allegedly on Mr Rasu’s part which all required an investigation.

The detail of the nature of the alleged crime and conduct of investigation is not disclosed. But sources close to the government say there are two tranches in the company books that exceeded VT45 million, and which might have been connected to local politicians.