News

TLTB collects $8m in land rent arrears

October 15, 2012 7:04 pm

The i Taukei Land Trust Board has collected more than eight million dollars in land rent arrears in about three weeks of door to door collection.

The collection of arrears started on the 25th of last month as part of efforts to recover outstanding debts owed by tenants.

TLTB General Manager Alipate Qetaki says arrears as at January this year amounted to about 27-million dollars.

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It has now been decreased to about 18-million dollars.

Qetaki says the TLTB will soon take tenants to court to recover large arrears.