Gasim to retire from politics
17 Jun 2015, 1:46 AM
Minivan News
The leader of the opposition Jumhooree Party (JP) Gasim Ibrahim has announced he will retire from politics once his five-year term as Maamigili MP expires in 2019.
The philanthropist and tourism tycoon, who contested the 2008 and 2013 presidential polls, told newspaper Haveeru today that he plans to resign as the JP leader. He also said he no longer wants to run for the presidency.
“My experiences of the two [presidential] elections I’ve contested are clear. It has damaged my businesses. Now I want to step down and serve the people. There is a lot I can do to serve. I have served many people for the sake of humanity,” he said.
Gasim’s announcement comes weeks after the government slapped a US$90.4million fine on his Villa Group and froze the accounts of several subsidiary companies.
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