Government yet to receive any funds back from failed TT merch company

The failed company awarded the contract to provide TT merchandise has so far failed to make any payments to government to reduce their debt.

Cube International had their contract with government terminated with immediate effect due to the company being in breach of its contract terms.

John Wannenburgh MHK asked for an update from Department of Enterprise Minister Tim Johnston, seeking to find out how much of the VAT and other debts his department had managed to claw back.

Minister Johnston confirmed that despite repeated promises to the contrary the Department had not received any payments from Cube International, and they continue to pursue all outstanding amounts.