Court orders private firm to pay MVR1.1 mln to state fisheries company
Maldives Industrial Fisheries Company (MIFCO) last Thursday, disclosing that the mismanaged company had amassed a staggering MVR300 million debt. The High Court has ordered a private firm to pay MVR 1.1 million to Maldives Industrial Fisheries Company (MIFCO) over failing to reimburse some assets issued by the latter. The state fisheries company had released goods […]