Feature

Casino project developers pays govt US$100,000 penalty

Casino project developers pays govt US$100,000 penalty
The developers of the $290 million casino project One Hundred Sands Limited Chairperson said he has paid the government US$100,000 penalty and they are working on their response to government. 

The penalty clauses for not opening the casino doors in Nadi by the 1st of this month have already started for One Hundred Sands Limited. 

There are no developments at the site. 

It is fenced with a big signboard with only a digger parked at the site for days.

When questioned on the months of delays and no developments at the site Larry Claunch said they have a lot of things to deal with.


Claunch also said they are securing the funding for the project in segments from their overseas investors and constructions is expected to begin before the end of this year. 

Attorney General Aiyaz Sayed-Khaiyum had said that the government will soon make a decision on the future of the casino license held by One Hundred Sands Limited.

According to the terms of the license, One Hundred Sands have to pay the government US$100,000 per month from the 1st of this month until the casino is completed.

Story by: Sofaia Koroitanoa 

Stay tuned for the latest news on our radio stations

CFL radio frequencies
LIVE SCORES
Panthers vs Broncos 9:50PM
Sharks vs Knights 8:00PM
Roosters vs Story 10:00PM
France vs Spain 7:00AM
Argentina vs England 7:00AM
Drua Women vs Reds 1:05pm
Western Force vs Waratahs 6:05pm
New Zealand vs Ireland 7:10PM
Japan vs France 8:40PM
Australia vs Italy 10:10PM
No recent scores
Bua 8–13 Macuata Full Time
Yasawa LBD–WBD Vatukoula Full Time
Northland WBD–LBD Ra Full Time
Cakaudrove vs Bua 11:00AM
Tavua vs Yasawa
Northern Bulls vs Northland