Speaker of the People’s Majlis, Abdul Raheem Abdulla, has criticised former President Abdulla Yameen after the latter called on Eagle Hills to scrap the Rasmalé project, claiming it is fueled by "nothing but hatred."
In a post on X, Yameen alleged that Eagle Hills is exploiting a Maldivian government that has lost the support and trust of its people.
Yameen urges Eagle Hills to scrap Rasmalé project
Former President Abdulla Yameen has urged Eagle Hills to scrap the Rasmalé project, labeling it an exploitation of a "morally bankrupt" regime. He cited public resentment and controversial lease terms that suggest a permanent loss of land. The project faces heavy criticism for its financial structure and perceived lack of public support.
Responding to the post, Abdul Raheem questioned whether there was any difference between the MDP’s past efforts to obstruct a Saudi-led project in Faafu Atoll during Yameen’s presidency and Yameen’s current efforts to halt the Rasmalé project.
"Back then, you said the MDP betrayed the nation and its people out of a thirst for power. Today, out of that same greed, are you not the one betraying the country and its people? Has your hunger for power reached a point where you no longer realise what you are doing or saying?" Abdul Raheem remarked.
Abdul Raheem further asserted that the Maldivian people are far too mature to be swayed by such rhetoric.
"By the grace of Allah, the Rasmalé project will not be stopped. God willing, this massive project will commence soon under President Dr Muizzu’s administration. Furthermore, this project will proceed in full compliance with the Constitution and the laws of the Republic of Maldives," he said.
The government has handed over Rasmalé without charging land acquisition fees or land rent. Instead, the state will receive a 10 percent fee from the developer’s initial sale of buildings, along with a 4 percent fee from the buyer. A 4 percent fee will also be collected every time ownership of a property is transferred.
Although the government stated that Rasmalé was leased for 99 years, the framework of the agreement suggests a permanent loss of the land. Under the terms, whenever a property owner in Ras Malé sells their unit, a new 99-year lease period begins. Even if the property is gifted, a fresh 99-year lease term commences.
The project has faced backlash not only from political figures but also from religious scholars and the general public. However, government supporters continue to actively promote the project and the involvement of Eagle Hills.
