Environmental Protection Agency (EPA) has fined Faarufushi Investment Private Limited heavily – for going against the Environment Impact Assessment (EIA) report in the development of a resort at R. Faarufushi.
Faarufushi Investment is fined by MVR 275,000.
In a statement released by EPA regarding the matter – they noted that Faarufushi Investment was fined under the Environmental Protection and Preservation Act citing the reason for being fined as going against the EIA in the development of a resort at Faarufushi.
EPA has given the company a deadline of 30 days to make the fine payment – starting from October 20, 2021.
Faarufushi Maldives is a luxury resort which was developed by Universal Resorts Group. The resort came into operation in March 2019 – and features 80 rooms that hold a capacity of 160 beds.