MDP MP Musthafa to sue MMA for alleged US$500,000 in legal debt
30 Nov 2011, 5:06 PM
Ahmed Nazeer
Maldivian Democratic Party (MDP) MP Mohamed Musthafa has sent a letter to the Maldives Monetary Authority (MMA) threatening legal action if it does will not pay US$500,000 that the Bank of Credit and Commerce International (BCCI) owed Musthafa’s Seafood Company.
Mustafa said the money was to be paid according to a ruling issued by the London Commercial Court in 1991.
‘’This money was the money we paid to Generalmeat Limited in Manchester to import flour, sugar and tin during the days we imported items from Generalmeat Limited,’’ Musthafa said in the letter. ‘’We waited for the goods for months. They said they had loaded 74 containers in the name of our company and later when we checked to Hanjin Shipping Line and Bangladesh Shipping Corporation we found out that Generalmeat had not loaded any containers in the name of our company.’’
Musthafa said when he realized that Generalmeat Limited had deceived his company, the company then appointed Birkett Westhorp and Loan law firm and filed a suit in the London Commercial Court.
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