Maldives government lied about US$40m loan
30 Oct 2018, 9:00 AM
The Maldives government lied about a US$40 million concessional loan from the OPEC Fund for International Development, the Maldives Independent has found, after three ministries broke the law over Right to Information requests.
Less than a week after Maldives Independent reported the RTI breaches, the finance ministry responded by email, confirming there was no agreement for the US$40 million OFID loan announced by the government.
“As the loan mentioned in the [RTI] form is not a signed loan and as this is a pipeline project, we inform that the information can only be shared when a loan agreement is signed. When the project is signed, we will update the ministry website accordingly,” reads the brief reply.
Both the housing and environment ministries previously claimed the money was provided by OFID for major infrastructure projects, including an airport in Faafu Nilandhoo island.
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