The Maldives Inland Revenue Authority has frozen the bank accounts of Jumhooree Party leader Gasim Ibrahim’s Villa Shipping and Trading company over US$18 million allegedly owed as fines and unpaid rent.
MIRA reportedly did not give any notice seeking payment before freezing the accounts.
A spokesman for Villa told the Maldives Independent that the tax authority informed the company late on Wednesday night that the accounts have been frozen over US$14.6 million owed as fines and US$3.7 million owed as land rent for the island of Elaa in Thaa atoll.
Full details are available from the link below:
Source URL: Maldives Independent