Fiji Time: 9:56 AM on Friday 24 October

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.

Today's Most Read Stories

  1. Kepa's not weak
  2. Full pay while on leave
  3. Ryan's fight to help 7s
  4. Fear not, go to the hospital
  5. Call to probe e-ticketing
  6. Emotional experience
  7. UN hails Fiji's effort
  8. Hindus give thanks
  9. FRCA officials remember fallen colleagues
  10. Print media an effective cancer awareness tool

Top Stories this Week

  1. Death shocks family Monday (20 Oct)
  2. Biman gets nod Saturday (18 Oct)
  3. Inside Fiji sevens Tuesday (21 Oct)
  4. Public access Tuesday (21 Oct)
  5. Budget overspent Wednesday (22 Oct)
  6. Forgery suspect still in remand Tuesday (21 Oct)
  7. $20m in excess Wednesday (22 Oct)
  8. $11.9m in arrears Wednesday (22 Oct)
  9. Nadolo out Thursday (23 Oct)
  10. Military overspends Wednesday (22 Oct)