Live Events will pay up

27 January 2016 08:49 pm - 9 - {{hitsCtrl.values.hits}}

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'Live Events', (the company that organised last December's controversial Enrique Iglesias concert at the CR&FC Grounds) had agreed to settle the tax payment to the Colombo Municipal Council (CMC) after it was accused of not paying the correct amount, said Municipal Commissioner M.K.V. Anura yesterday.

Speaking to Daily Mirror, Mr. Anura said the CMC had decided not to file a lawsuit against Live Events though they had earlier contemplated legal action.

“The organisers agreed to settle the due payments and, therefore, there is no need to take legal action,” he said.

The earlier decision of the CMC to take legal action came after the parties failed to reach a settlement despite several rounds of talks.

An investigation conducted by the CMC's Treasury Department had exposed a tax fraud amounting to some Rs.30 million, based on the revenue earned by Live Events.

According to the Commissioner, the sum which had been withheld by the organisers will soon be paid.

The company was also blacklisted by the CMC because the tax was not paid.

The main stakeholders of the company are former cricketing stars Kumar Sangakkara and Mahela Jayawardane. (Piyumi Fonseka)

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Comments - 9

Top Cat Thursday, 28 January 2016 06:14 AM

Live Events will pay in CASH or (ALIVE) CRABS AND PRAWNS!!?

ANTON Thursday, 28 January 2016 08:37 AM

NO PROBLEM ...... NEXT TIME THERE WILL BE A LARGE CROWD, NOT TO SEE THE SINGER , BUT TO SEE THE "LIVE EVENTS" OF OUR GIRLS.

Andrew Pitugala Thursday, 28 January 2016 08:59 AM

CMC must act transparently and publish the accounts once the money is received.

Concertgoer Thursday, 28 January 2016 10:27 AM

So what about the ticket refund for the people who went to the concert?

People Thursday, 28 January 2016 10:29 AM

I hope next time we can see live XXX

moiez Thursday, 28 January 2016 11:09 AM

Next time the event will be held fully naked so watch out.

Independent Thursday, 28 January 2016 01:18 PM

Why no legal actions? Got some ....?

Me Thursday, 28 January 2016 02:17 PM

How much would the two cricketing bums chip in?

joenimmie Thursday, 28 January 2016 02:33 PM

“The organisers agreed to settle the due payments and, therefore, there is no need to take legal action,” HOW CAN HE SAY !!? WHAT KIND OF LOW IS IT !!???

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Live Events will pay up

Comments - 9

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