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News ownership dispute / court Maldives Impact 4.0/10 3 min read
Supreme Court Upholds Civil Court Verdict in ‘Haveeru’ Ownership Dispute

Supreme Court Upholds Civil Court Verdict in ‘Haveeru’ Ownership Dispute

The Supreme Court affirmed the Civil Court's 2014 decision rejecting claims of Abdulla Farooq Hassan and Ibrahim Rasheed Moosa to shares in 'Haveeru' News and Loamaafaanu Print. This overturned a High Court ruling. The dispute originated from a 31 March 1983 agreement establishing 'Haveeru News Agency' as a joint venture. The Civil Court ruled that the agreement was non-binding and that Dr Mohamed Zahir Hussain solely invested and owned the entities. The Supreme Court criticized the High Court for ignoring ownership of assets. 'Haveeru' newspaper started on 1 January 1979 and suspended operations on 31 March 2017.

The Supreme Court affirmed the Civil Court's 2014 decision rejecting claims of Abdulla Farooq Hassan and Ibrahim Rasheed Moosa to shares in 'Haveeru' News and Loamaafaanu Print. This overturned a High Court ruling. The dispute originated from a 31 March 1983 agreement establishing 'Haveeru News Agency' as a joint venture. The Civil Court ruled that the agreement was non-binding and that Dr Mohamed Zahir Hussain solely invested and owned the entities. The Supreme Court criticized the High Court for ignoring ownership of assets. 'Haveeru' newspaper started on 1 January 1979 and suspended operations on 31 March 2017.

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Maldives Republic

Published

Mar 3, 2024

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The Supreme Court affirmed the Civil Court's 2014 decision rejecting claims of Abdulla Farooq Hassan and Ibrahim Rasheed Moosa to shares in 'Haveeru' News and Loamaafaanu Print. This overturned a High Court ruling. The dispute originated from a 31 March 1983 agreement establishing 'Haveeru News Agency' as a joint venture. The Civil Court ruled that the agreement was non-binding and that Dr Mohamed Zahir Hussain solely invested and owned the entities. The Supreme Court criticized the High Court for ignoring ownership of assets. 'Haveeru' newspaper started on 1 January 1979 and suspended operations on 31 March 2017.

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