MDP Chair’s company ordered to pay MVR1.3million
02 Oct 2013, 6:57 PM
Daniel Bosley
The Civil Court has ordered Heavy Load Maldives Pvt Ltd to pay MVR1.3million (US$84,41500) for the failed payment of several speedboats, reports local media.
Heavy Load – owned by the family of Maldivian Democratic Party Chairperson ‘Reeko’ Moosa Manik – was ordered to reimburse Maldives Finance Leasing Company Pvt Ltd after the court found it had failed to meet the previously agreed payment schedule.
The unpaid amount – for which Moosa was reported to have been guarantor – is to be paid to the court within three months.