Fushidhiggaru Falhu
3 articles
Latest
NewsGovt has not authority to grant land ownership to foreigners: MDP
The MDP opposition party claims the Maldivian government lacks the legal authority to grant land ownership to foreigners without a national referendum. They expressed concern over a lack of transparency regarding a major lagoon deal with a UAE firm. The party demands full disclosure of the agreement's terms and potential land rights.
NewsFact check: Rasmale' investment figure is $12 billion
The Maldivian government and UAE developer Eagle Hills have provided conflicting valuations for the Rasmale’ project. While the government claims a $20 billion investment, official company statements and international news outlets report the figure as $12 billion. The Housing Ministry has yet to clarify the $8 billion discrepancy.
