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News loan dispute / court Maldives Impact 5.0/10 3 min read
Former AG Slams Court Order in Loan Dispute as ‘Personal Attack’

Former AG Slams Court Order in Loan Dispute as ‘Personal Attack’

Former Attorney General Aishath Azima Shakoor criticized a Civil Court order requiring her to repay over MVR 4 million to Maldives Islamic Bank for a loan taken in 2016. Shakoor, a mayoral candidate for Malé under the People's National Congress, characterized the decision as a personal attack. The court order, issued in her absence, demands payment within six months. Shakoor stated she had approached the bank to restructure the loan and was surprised to learn of the ruling through media. She attributed her financial difficulties to a previous lawsuit that barred her from practicing law and the Covid-19 pandemic. Judge Zulaiha Sheeza ruled that Shakoor had defaulted on the loan. Shakoor affirmed her commitment to continue her mayoral campaign and appeal the decision.

Former Attorney General Aishath Azima Shakoor criticized a Civil Court order requiring her to repay over MVR 4 million to Maldives Islamic Bank for a loan taken in 2016. Shakoor, a mayoral candidate for Malé under the People's National Congress, characterized the decision as a personal attack. The court order, issued in her absence, demands payment within six months. Shakoor stated she had approached the bank to restructure the loan and was surprised to learn of the ruling through media. She attributed her financial difficulties to a previous lawsuit that barred her from practicing law and the Covid-19 pandemic. Judge Zulaiha Sheeza ruled that Shakoor had defaulted on the loan. Shakoor affirmed her commitment to continue her mayoral campaign and appeal the decision.

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Maldives Republic

Published

Jan 3, 2024

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Former Attorney General Aishath Azima Shakoor criticized a Civil Court order requiring her to repay over MVR 4 million to Maldives Islamic Bank for a loan taken in 2016. Shakoor, a mayoral candidate for Malé under the People's National Congress, characterized the decision as a personal attack. The court order, issued in her absence, demands payment within six months. Shakoor stated she had approached the bank to restructure the loan and was surprised to learn of the ruling through media. She attributed her financial difficulties to a previous lawsuit that barred her from practicing law and the Covid-19 pandemic. Judge Zulaiha Sheeza ruled that Shakoor had defaulted on the loan. Shakoor affirmed her commitment to continue her mayoral campaign and appeal the decision.

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