The Criminal Court acquitted Male’ City Mayor Dr. Mohamed Muizzu of perjury charges linked to his statement in an arbitration case involving Noomadi Resorts and Residences, ruling the prosecution had not proved the charges beyond reasonable doubt. The government separately reached an out-of-court settlement with Noomadi, agreeing to pay the company $55 million in compensation.
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The Criminal Court on Thursday acquitted former Housing Minister and current Male’ City Mayor Dr. Mohamed Muizzu of perjury charges that stemmed from his statement in an arbitration case involving Noomadi Resorts and Residences.
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The company filed a claim for US$155 million as compensation and other arbitration charges at the Permanent Court of Arbitration in The Hague, Netherlands
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The government has reached an out-of-court settlement with Noomadi, agreeing to compensate the company with a sum of $55 million.
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Even if convicted, Muizzu would have faced a basic sentence of four months and 24 days in jail.
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The government has reached an out-of-court settlement with Noomadi, agreeing to compensate the company with a sum of $55 million.
Word for word from the report in Maldives Republic. Open the report
