MIRA sues to recover over US$2.5 million from Giraavaru Island Resort

The Maldives Inland Revenue Authority (MIRA) has filed a case at the Civil Court today to recover over US$2.5 million owed to the state by Giraavaru Island Resort owner Abdul Rauf, M. Sunrose.

Haveeru reports that the US$2.5 million was incurred as fines for non-payment of lease rent. The resort had failed to make timely rent payments for the past three years.

MIRA calculated the fine at 0.5 percent of the amount due for every additional day after the rent payment deadline.

The tax collection authority appealed today for a court order to compel Rauf to make the payments in full. The judge adjourned the first hearing after providing a ten-day period for Rauf to respond to the claim.