Gasim’s Villa refuses to pay ‘unlawful’ US$90m fine
19 Apr 2015, 6:18 PM
Ismail Humaam Hamid
The tax authority is set to freeze Jumhooree Party leader Gasim Ibrahim’s Villa Group’s accounts after the company refused to pay a US$90million fine as an extended deadline expired today.
The Maldives Inland Revenue Authority (MIRA) said Villa had been given an additional day today as the original deadline of April 18 fell on a Saturday.
MIRA “will not hesitate to take direct action on any business which fails to pay due fines or payments,” director general Fathuhulla Jameel said.
The Villa Group maintains the US$90million is unlawful, while the opposition says the surprise claim was aimed at harming Gasim and destroying his businesses following the Jumhooree Party’s split from the government in January.
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