Business
Royalties to be Paid
Audit Reveals S.p.e.l. Owes $4.8 Million In Royalties Dated Back To 2018
Studley Park Enterprises Limited (SPEL) owes $4.8 million in royalties to the government of Trinidad and Tobago. This was revealed by the Chairman of the board, Ashworth Jack, who stated that the company underwent an audit in 2023 while awaiting the granting of an export license. The royalties owed date back to 2018, and reporter Kandace Jackson has more on this story.
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