An Auditor General's review found that the previous MDP administration approved an MVR 26 million out-of-court compensation payout to Umet Construction for the cancelled Lh. Kurendhoo harbour project, against a legally justified amount of MVR 2.8 million, an overpayment of MVR 23.2 million. The audit recommends recovering the overpaid funds and investigating the officials who sanctioned the payment.
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On March 10, 2013, the government terminated the contract when an MTCC assessment found inadequate progress.
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the Economic Council under former President Ibrahim Mohamed Solih approved a MVR 26 million payout in April 2023, attributing it to out-of-court settlement.
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far above the legally justified amount of MVR 2.8 million, resulting in an overpayment of MVR 23.2 million.
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resulting in an overpayment of MVR 23.2 million.
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After project scope adjustments in October of the same year, the subcontract value increased to MVR 21.1 million.
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The Civil Court initially ruled for compensation of MVR 13.4 million, but the High Court overturned this, stating the termination was lawful, a judgment upheld by the Supreme Court.
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The contract to build Lh. Kurendhoo harbour was initially awarded in January 2011 to state‐owned Works Corporation Limited, which subcontracted the work to Umet for MVR 14.9 million.
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The Civil Court initially ruled for compensation of MVR 13.4 million, but the High Court overturned this, stating the termination was lawful, a judgment upheld by the Supreme Court.
Word for word from the report in The Standard. Open the report
Despite the clear judicial rulings, the Economic Council under former President Ibrahim Mohamed Solih approved a MVR 26 million payout in April 2023, attributing it to out-of-court settlement.
Word for word from the report in The Standard. Open the report
