Court accepts MVR 6.5 billion compensation claim from Coral Boulevard

Jan 15, 2024, 10:31 AM
Concept drawing for Coral Boulevard project in Male'. -- Photo: Coral Boulevard

Concept drawing for Coral Boulevard project in Male'. -- Photo: Coral Boulevard

The Civil Court has ruled that it has the jurisdiction to accept a lawsuit filed against the state by Coral Boulevard over the seizure of land allocated for building a residential complex in front of the Rasfannu beach in Male'.

The project was launched by former President Abdulla Yameen's government. But former President Ibrahim Mohamed Solih's government decided to take back the land given to the Singapore-based Coral Boulevard company. A new plot was to be provided instead from Hulhumale'.

The lawsuit filed over the failure to allocate land from Hulhumale' as decided by the government on February 25, 2019 sought USD 426.8 million as compensation. That is about MVR 6.5 billion.

The company sued the Housing and Planning Ministry in addition to the Finance Ministry and the Maldivian state.

After considering whether it has the jurisdiction to hear the case, the Civil Court decided that the Finance Ministry and the state could not be sued. But the Housing Ministry could be sued for breach of contract, the court ruled.

In its judgment, the Civil Court instructed the claimant to prepare and file the lawsuit within 14 days, after which the court would proceed with the case.

Comments

Read More

Latest News

Saudi Ambassador to be dismissed following refusal to join PNC

The Maldivian government is dismissing Ahmed Sareer, the Ambassador to Saudi Arabia, after he refused to join the ruling PNC party. Despite his 40-year diplomatic career, Sareer is being removed as part of a broader directive requiring all diplomats to join the political party, ending a long-standing tradition of neutrality.

Govt to seal Rasmale' deal on Republic Day

The Maldives government plans to sign a definitive agreement with UAE-based Eagle Hills on Republic Day to grant 500 hectares of land for the Rasmalé project. Legislative changes are underway to accommodate the deal, which involves no land acquisition fees. The project chairman confirmed they will comply with all local leasehold laws.

Indian arrested at VIA smuggling MVR 900,000

An Indian national was arrested at Velana International Airport for attempting to smuggle over MVR 900,000 in undeclared foreign currency. The seizure is part of a major government crackdown on illegal dollar trading and unauthorized business activities by foreigners in the Maldives.

Falah accuses Khaleel of prioritising personal gain over nation

PNC leader Ibrahim Falah has accused former Foreign Minister Abdulla Khaleel of putting personal gain above national interests. The criticism follows Khaleel’s public concerns over the Rasmalé project, which involves land allocation to a UAE firm. Falah claims Khaleel’s opposition proves he no longer prioritizes the country's welfare.

Three arrested in alcohol network bust

Police arrested three individuals and seized a large quantity of alcohol during a raid on a distribution network in Malé. The joint operation targeted a residence in the Henveiru ward after a lengthy investigation. Authorities have identified several key players involved in the city's large-scale illegal alcohol trade.

Resolution demands transparency over Rasmalé deal

MP Meekail Ahmed Naseem submitted a resolution to the People’s Majlis demanding transparency over the Rasmalé development deal with Eagle Hills. The move seeks to disclose commercial terms and ensure legal compliance, following concerns that the government is withholding information about granting land to a foreign entity.

Thilafushi Port: Agreements with Chinese firm classified

Maldives Ports Limited has classified its agreements with China Harbour Engineering Company regarding the Thilafushi Port relocation. Officials refused to disclose contract values or specific details, citing legal consultations. This lack of transparency follows government concerns over foreign influence and diplomatic shifts.

Newsletter

Get the latest news delivered straight to your inbox