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Inside the Imperial Pacific Casino in Saipan, CNMI. 30 September 2019.
Photo: Imperial Pacific Casino
This comes amid the company being in receivership with moves underway to sell its assets to pay off a judgment in a separate case.
The US District Court for the Northern Marianas found the chair of Imperial Pacific International Holdings Ltd, Cui Li Jie, in contempt for failure to comply with a subpoena relating to a lawsuit filed by workers of a former sub-contractor.
Cui had been ordered to pay from her personal accounts, including attorney fees for time and costs associated with preparing depositions on 5 February.
DISTRICT Court for the NMI Chief Judge Ramona V. Manglona on Tuesday morning found Imperial Pacific International chairwoman Cui Li Jie in contempt of court in the lawsuit of seven
CONSTRUCTION work at the Imperial Pacific International resort in Garapan remains suspended, and the removal of a crane has been completed, IPI attorney Michael Dotts said in his sixth status
WITH reimbursements from the federal government, the Commonwealth has been slowly paying down its debts, Finance Secretary David DLG Atalig told the House Ways and Means Committee on Tuesday.
He said in the first quarter of fiscal year 2021, the CNMI government paid $700,000 for a 2007 general obligation bond. The Commonwealth is obligated to pay $7 million annually for the bond. Next month, Atalig said the administration expects to make an additional payment of $2.9 million for the bond.
He said the government is also required to remit $40 million annually to the CNMI Settlement Fund to pay 75% of the retireesâ pension.
Atalig said in the first quarter of the fiscal year, the government paid about $6 million to the Settlement Fund.