Government takes over Gasim’s Villa airport
The moves against the Gasim’s business interests come after the Jumhooree Party leader threw his weight behind former President Maumoon Abdul Gayoom and formed a new alliance with the 79-year-old’s faction of the ruling Progressive Party of Maldives.
19 Jan 2017, 9:00 AM
The government has taken over the Kaadehdhoo airport operated by Jumhooree Party leader Gasim Ibrahim’s Villa Group and downgraded the company’s Maamigili airport to domestic status.
The regional airports department under the tourism ministry told state media that the 50-year lease agreement for the Kaadehdhoo airport in Gaaf Dhaal atoll was terminated Wednesday because Villa was in breach of civil aviation rules and standards.
The government is planning to take over operations within 15 days.
According to the department, the Maamigili airport’s international license was cancelled upon Villa’s request as the company was facing financial difficulties in managing the airport.
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