Fiji Time: 12:29 PM on Tuesday 28 March

Fiji Times Logo

/ Front page / News

Firm wants a break

Repeka Nasiko
Thursday, June 05, 2014

CASINO developers One Hundred Sands Limited had requested for a two-month break from paying the monthly fine of $185,138 for failing to adhere to their license agreement.

Minister for Tourism and Attorney-General Aiyaz Sayed-Khaiyum confirmed this in Lautoka yesterday.

"They had paid their fines up till February," he said.

He said government had requested a report from the company "to make some final decisions on it".

One Hundred Sands was granted an exclusive licence to construct and manage Fiji's first casino on Denarau Island in December 2011.

Prime Minister Rear Admiral (Ret) Voreqe Bainimarama officiated at the groundbreaking ceremony in April that year and construction of the $290m casino was expected to be completed by October last year.

Since then the company has been paying government a $US100,000 ($185,668) penalty each month for the delay in the project.








Fiji Times Front Page Thumbnail

Kaila Front Page ThumbnailFiji Times & Kaila Frontpage PDF Downloads

Use the free Acrobat Reader to view.

Westpac
Code Inward TTs Outward TTs
CAD 0.65300.6340
JPY 54.630051.6300
GBP 0.38700.3790
EUR 0.44880.4368
NZD 0.69910.6661
AUD 0.64380.6188
USD 0.49000.4730

from

$0.00

Exchange Rate updated on 28th, March, 2017

Today's Most Read Stories

  1. Dead under threat
  2. Granny recalls screams for help after blaze kills 2
  3. Search for sisters and father
  4. Mill no more
  5. $157m bust
  6. Strip search claimant on bail
  7. 8-9 grams per day
  8. FLOTSAM AND JETSAM
  9. Fire inquiry
  10. Regional meeting to discuss border control

Top Stories this Week

  1. Siblings perish Sunday (26 Mar)
  2. Family hopes to raise $60,000 Monday (27 Mar)
  3. 7s star told don't reoffend Friday (24 Mar)
  4. 'Sims' the star barber Sunday (26 Mar)
  5. Shrea wins modelling title Sunday (26 Mar)
  6. Landowners demand $20m compensation from State Thursday (23 Mar)
  7. RKS retains Tailevu Zone title Wednesday (22 Mar)
  8. QVS blue ribbon king to miss Coke Games Wednesday (22 Mar)
  9. Former 7s stars win Oldies Saturday (25 Mar)
  10. Explicit photos online Monday (27 Mar)