Politics politics / compensation Maldives Impact 6.0/10 2 min read

Noomadi Compensation Was ‘Big Slap in the Face’ to Citizens From President Muizzu: Opposition Leader

Opposition leader Fayyaz Ismail criticized President Muizzu for the $55 million compensation paid to Noomadi Resorts, calling it a 'big slap in the face' to citizens. He claimed Muizzu, as former Housing Minister, testified against the state during arbitration, leading to the payout. The compensation was part of MVR 2.4 billion paid by the previous Solih administration for cancelled contracts. Parliament investigated but charges against Muizzu were dismissed.

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Maldives Republic

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Aug 1, 2024

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Opposition leader Fayyaz Ismail criticized President Muizzu for the $55 million compensation paid to Noomadi Resorts, calling it a 'big slap in the face' to citizens. He claimed Muizzu, as former Housing Minister, testified against the state during arbitration, leading to the payout. The compensation was part of MVR 2.4 billion paid by the previous Solih administration for cancelled contracts. Parliament investigated but charges against Muizzu were dismissed.

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Focus: Noomadi Compensation Was ‘Big Slap in the Face’ to Citizens From President Muizzu: Opposition Leader

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Maldives Republic

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