Civil Court orders FAM to pay USD 3 million to a Korean company

Civil Court has ordered Football Association of Maldives (FAM) to pay USD 3,382,000 (MVR 52.1 million) to a South Korean company, T Kuing Construction.

Featured Image

Fam medhu safuhaa / sports arena

Mariyath Mohamed

2024-10-06 08:31:59

Civil Court has ordered Football Association of Maldives (FAM) to pay USD 3,382,000 (MVR 52.1 million) to a South Korean company, T Kuing Construction.

The agreement between T Kuing Construction and FAM is for the development of football grounds in ViliMale' and Hulhumale', with payments due for two invoices of USD 1,197,200 and USD 1,940,800. Together with the cost for reconstruction work in Hulhumale' of USD 122,000 and costs for work after changing company requirements of USD 122,000, a total of USD 3,382,000 is owed by FAM.

This article is in our Archive

Login to read for free! Register to create an account