MPL survives MVR 138.9 million fine scare over tugboat

57 minutes ago

High Court has overturned a Civil Court ruling which required Maldives Ports Limited (MPL) to pay MVR 138.9 million in fines for failure to pay for a tugboat purchased from Center Enterprises Private Limited. MPL agreed to pay MVR 13.77 million for the tugboat invoice, agreeing also to pay 2 percent of the total as a fine for each day that