Politics

Opposition warns of undoing ‘corrupt’ land sales

The housing ministry is planning to auction 19 plots of land in Malé ranging from 4,000 to 7,7000 square feet with bidding to start at MVR15,000 (US$973) per square foot.

20 Aug 2017, 9:00 AM
The opposition alliance has warned potential buyers of land put up for sale by the government that corrupt transactions will be annulled by future administrations. 
The housing ministry is planning to auction 19 plots of land in Malé ranging from 4,000 to 7,7000 square feet with bidding to start at MVR15,000 (US$973) per square foot.
The government is expected to earn at least MVR792 million (US$51 million).
In a joint statement issued Thursday, the four-party opposition coalition called the auction “illegal and invalid” and promised to “revoke sales and return the properties” to the public.

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