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Leaked Audio: Muththalib Says Ras Male' Properties to Be Sold on Renewable 99-Year Leases
Leaked audio recordings, whose authenticity several local media outlets confirmed, feature Minister of Infrastructure, Housing and Urban Development Dr. Abdulla Muththalib saying that Ras Male' property will be sold on 99-year renewable leases under a special arrangement with the government. He said the government would retain authority over ownership transfers and that the arrangement exists to prevent property values from depreciating.
Sources1carried itRE1 of 19 news outlets we monitor
Figures2as written, with their sentences
One outlet so far Only Raajje (English) has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Promises in this story
what was committed, and where it stands
Minister of Infrastructure, Housing and Urban Development Dr. Abdulla Muththalib · On resale of a Ras Male' property between investors, the new owner will be granted a fresh 99-year lease period under a special arrangement with the government
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Figures in these reports
as written, with the sentence they come from
99-yearLease term for Ras Male' leased to Eagle HillsRaajje (English)Minister Muththalib stated that Ras Male' has been leased to Eagle Hills for a 99-year term.
Word for word from the report in Raajje (English). Open the report
99-yearFresh lease term granted on resale between investorsRaajje (English)in the event of a resale between investors, the new owner will be granted a fresh 99-year lease period.
Word for word from the report in Raajje (English). Open the report