Dheebaajaa Investment

AG office requests Supreme Court to review Dheebaajaa verdict

  • The AGO stated via twitter on Sunday that their office has forwarded a request to review the verdict issued in the Dheebaja case to the Supreme court
  • At the time of the verdict, the Supreme court bench was occupied by judges later found to be guilty of several disciplinary issues by the JSC
  • The Supreme Court ordered the state to compensate the company MVR 348.10 million for violating an agreement with Dheebaajaa in April last year.

Mariyam Afaaf Adam
bulhaakalo

K. Male' 2020 Jan 28 | Tue 14:41 local 2,124

Chairman of Dheebaajaa Investment Pvt Ltd, Ibrahim Rasheed - Hussain Hassaan

The Attorney General's Office (AGO) has requested the Supreme Court to review the verdict of MVR 348.10 million in compensation to Dheebaajaa Investment Pvt Ltd.

The AGO stated via twitter on Sunday that their office has forwarded a request to review the verdict issued in the Dheebaja case to the Supreme court in the interest of the public.

Likewise, at the time of the verdict, the Supreme court bench was occupied by judges later found to be guilty of several disciplinary issues by the Judicial Service Commission (JSC). The judges have since been replaced.

The Supreme Court ordered the state to compensate the company MVR 348.10 million for violating an agreement with Dheebaajaa in April last year.

Following the announcement of the verdict, many parliamentarians and members of the public expressed their concerns with the court's decision.

As such, the state and Dheebaajaa have agreed to lower the compensation amount by half to MVR174 million, which both the president's office and the attorney general's office claimed was a much better option.

Nevertheless, whether the state has paid off its debt to Dheebaajaa or not is yet to be confirmed.

The state incurred the MVR 348.10 million debt as compensation for loss when former President Waheed's regime voided the agreement made between Dheebaajaa and the state regarding the establishment of ferry services between four atolls of the northern province. Dheebaajaa Investment Pvt Ltd is a joint-venture company by Resonance Pvt Ltd and Souvenir Investment Pvt Ltd.

Last updated at: 3 days ago | Reviewed by: Aman Haleem

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