Qasim: More 5000 employees under Villa Group would suffer if the company

Chairman of Villa Group, Qasim Ibrahim says that more than 5000 employees under Villa Group would suffer if the company’s accounts are frozen regarding the USD 100 million owed to the state.

In today’s hearing in the case Villa Group took against Maldives Inland Revenue Authority (MIRA), Qasim said that he does not accept that the government has revoked the Settlement Agreement and the Amend and Restated Lease Agreement with Villa. The noticed sent to Villa Group from MIRA states to pay USD 100 million to the state in 30 days. And MIRA has decided to freeze the Villa accounts if the company does not subject to it.