News In Brief
June 13, 2011

MIRA seeking US$265,050.93 in fines and non-payment for Nasandhura Palace Hotel

The Maldives Inland Revenue Authority (MIRA) is seeking US$265,050.93 from Galaxy Enterprises Maldives in fines and non-payments under an agreement with the Ministry of Tourism for the rent of Nasandhura Palace Hotel, reports Haveeru.
MIRA is contending that Galaxy has not paid US100,000 in Corporate Social Responsibility (CSR) fees stipulated in the agreement, and US$65,050.93 in fines for failure to pay the rent before deadline in the second and third quarters of last year.
The Civil Court has granted Galaxy seven days to respond.

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