MPs seek to assign blame for state media’s US$5m payout
The payout to a marketing company ballooned due to accrued fines.
21 Mar 2019, 9:00 AM
Members of parliament’s public accounts committee sought this week to assign blame over an MVR78 million (US$5 million) payout from the state broadcaster to a marketing company.
The state-owned Public Service Media company incurred MVR72.9 million as fines after failing to settle a claim of MVR5.6 million made by the Business Image Group (BIG). The lawsuit was filed in 2012 over the cancellation of a marketing deal.
The payout with accrued fines was ordered by the civil court in June 2016. But the judgment was not appealed during the previous government.
The payments started weeks after the new administration took office in November.
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