Presidential committee to review US$22m payout to Dheebaja
Dheebaja agreed to halt a lawsuit seeking an enforcement order.
17 Jul 2019, 9:00 AM
A local company awarded a multi-million payout by the Supreme Court has asked the Attorney General’s office to submit the matter to a ‘settlement committee’ formed to advise the president on compensation claims.
Dheebaja Investments agreed to halt a lawsuit seeking an enforcement order from the civil court in order to allow the committee to review and resolve the case, the AG office said in a press statement on Wednesday.
In April, Dheebaja won MVR348 million (US$22.5 million) as compensation for the cancellation of a contract to provide ferry services in four northern atolls. Attorney General Ibrahim Riffath said at the time that his office would ask the Supreme Court to review the decision.
The AG office said Dheebaja has shared a resolution signed by its directors and a copy of a letter sent to the civil court requesting a halt to proceedings.
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