Troubles seem to be mounting for Saipan casino operator Imperial Pacific International (IPI). On Thursday, the Federal Bureau of Investigation (FBI) conducted a series of raids including at the casino operator’s offices.
The investigation agency had already executed search warrants on IPI’s finance and human resource offices. It also raided the office of consultant Alfred Yue. Yue is a registered IPI lobbyist.
Responding to the current raids the casino operator issued a statement and said that they continue to be law-abiding and good corporate citizens. It also said that there is nothing to hide and that they are fully cooperating in ongoing investigations.
It’s not the first time that the FBI has paid a visit to the casino operator. Earlier in March 2017, the FBI raided IPI’s offices investigating “allegations of a federal violation of the workplace visa system.” That was in connection with hiring illegal Chinese migrant workers for the Imperial Palace Resort project.
Imperial Pacific has been struggling with its finances. The casino operator has also not paid its taxes in full. Earlier in the year, the Executive Director of COMMONWEALTH Casino Commission Edward Deleon Guerrero filed a complaint as the gambling operator failed to pay its tax obligations. The casino did not pay in full its annual license fee of $15 million.
He confirmed that a total of $15,502,570 was due as of Aug. 12, 2019. The Director also revealed that according to the Department of Finance, Imperial Pacific International has paid $5 million and that the casino owes the remaining $10,502,570.