IPI to apply for licence for new CEO
The casino operator’s new CEO cannot take up his post without a licence from the Commonwealth Casino Commission.
Northern Mariana Islands.- Imperial Pacific International (IPI) has said that it has begun the process to obtain a casino key employee license for its future chief executive officer (CEO).
IPI has been officially leaderless since December, although its last CEO, Donald Browne, was asked by the company board to return to the position temporarily.
The Commonwealth Casino Commission (CCC) has made it clear that the role needs to be filled but a new chief executive cannot be hired without a casino key employee licence.
Marianas Variety also reported the CCC cannot issue the licence until IPI pays the US$3m it owes for its regulatory fee, which was due on October 1, 2020.
IPI said it was in the process of applying for a CCC license for a new CEO.
However, CCC executive director Andrew Yeom said on Wednesday that the commission had not yet received an application.
IPI’s new CEO
IPI has approached the former Northern Mariana Islands senator Ray N. Yumul to replace Donald Browne.
The former senator has said that he reached a verbal agreement with the casino operator but that negotiations were still ongoing.
However, federal court records indicated that he appears named as “IPI CEO” in a settlement conference regarding a sexual harassment case filed against IPI.
He also appeared in a status conference last week for five complaints against IPI filed with the CCC.
Meanwhile, IPI says that it has submitted a request to the government for the extension of its deadline to finish the construction in its Garapan casino resort.
