Company
Heavy Load company
In the news, last 90 days
Justice
Permission granted once again to sell Reeko Moosa's 3 islands
The Civil Court has again granted Bank of Maldives permission to sell three islands owned by Heavy Load company, former Deputy Speaker Reeko Moosa Manik and his children over an unpaid USD 11 million loan, after an earlier ruling was overturned by the High Court. The court order sets declining starting prices of USD 46 million, USD 40 million and USD 38 million across three months.
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