The People’s National Front (PNF) has sent a letter to President Mohamed Muizzu, seeking clarification on undisclosed details regarding the decision to grant 500 hectares of land in Rasmalé to Eagle Hills.
In its letter, the PNF asserted that the Rasmalé deal is shrouded in secrecy. The party further expressed concerns that the transaction could jeopardize the independence and sovereignty of the Maldivian state and its citizens.
The letter requested the President to clarify 34 points regarding the deal that the government has so far kept confidential.
Among the queries raised, the PNF sought information on the valuation of the land allocated to Eagle Hills and whether any constitutional or legislative amendments are required before the lease. The party also questioned the total expenditure incurred by the state for the reclamation and revetment of the land in question.
Furthermore, the letter asked for a clear definition of the 99-year lease term granted to Eagle Hills, the procurement process used to award the project to the company, and whether any portion of the allocated land could be transferred to third-party ownership.
While the government has refused to disclose the full agreement, it has maintained that the land was leased for 99 years. The allocation was made entirely free of charge, with no lease acquisition cost or rent imposed.
Despite facing intense criticism over the matter, the administration has attempted to frame the deal as a beneficial transaction. Officials have claimed the land was allocated under the same general principles used for resort leases and have asserted that the investment will generate unprecedented revenue for the Maldives.
