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IPI financial suitability questioned; license suspension or revocation possible


In a clutch of new developments in Saipan, the Commonwealth Casino Commission Chairman Edward C. Deleon Guerrero questioned Imperial Pacific International’s financial suitability to maintain its casino license, noting that should the license be suspended and sufficient remedial action not taken, the license may be automatically revoked. Also being questioned is IPI’s leadership, including both the new CEO and the chairwoman. Meanwhile, the CNMI Department of Finance’s Division of Revenue and Taxation has submitted three notices of tax lien against all the properties and rights to property of IPI.

Casino commission chairman questions IPI’s ‘financial suitability’ (Marianas Variety)

Senator says IPI should hire CEO ‘from the outside’ (Marianas Variety)

Lawyer seeks IPI chairwoman’s cell phone data, email accounts (Marianas Variety)

Finance reasserts tax lien on IPI assets (Saipan Tribune)

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