Corruption suspected in leasing of Malé eastern waterfront
The anti-corruption watchdog is probing undue benefits provided by the previous administration.
19 May 2019, 9:00 AM
The Anti-Corruption Commission is investigating suspected graft in the previous administration’s leasing of a large plot from Malé’s eastern waterfront to Strada Pvt Ltd.
Strada’s director Zahid Rameez was a senior member of the ruling Progressive Party of Maldives when a 10,000 square feet area was controversially leased in September 2016 to build a food outlet along with a platform to view the construction of the Sinamalé bridge near the capital’s surf break.
The former government’s decision to pay MVR14.4 million (US$933,852) to Strada as compensation for the relocation of the Chatime beverage shop was an attempt to provide an illegal or undue benefit, the anti-corruption watchdog concluded in a report released Sunday with preliminary findings of an ongoing probe into the compensation.
The commission noted the lack of action taken despite Strada’s failure to pay rent and meet contractual obligations.
Become a member
Get full access to our archive and personalise your experience.
Already a member?
Discussion
No comments yet. Be the first to share your thoughts!
No comments yet. Be the first to join the conversation!
Join the Conversation
Sign in to share your thoughts under an alias and take part in the discussion. Independent journalism thrives on open, respectful debate — your voice matters.
