That includes unpaid fees from Cube’s 2023 TT contract, as well as late payment penalties added before the debt was formally registered.
The Department for Enterprise says it’s making 'every effort' to recover money owed by a former supplier of TT races merchandise.
Enterprise Minister Tim Johnston confirmed the update concerning Cube International in a written Tynwald answer.
Douglas North MHK John Wannenburgh asked how much the company owes and what’s being done to recover it.
Minister Johnston says the amount owed stands at more than £174,000.
That includes unpaid fees from Cube’s 2023 TT contract, as well as late payment penalties added before the debt was formally registered.
The minister insists government is exploring all options with support from the Attorney General’s Chambers to recover the outstanding money through the ongoing liquidation process.
Ministers 'must hold chief officers to account' over budgeting
Over 200 vehicles stopped during Operation Uplift
Tynwald backs first annual update on Autism Strategy
Tynwald rejects call for new committee to review financial and eGaming regulation
Hospital patients urged to pack photographic ID