Nexbis sues Shahid, while reappointed former controller decides to continue Nexbis agreement
16 Feb 2012, 11:52 PM
Hawwa Lubna
Department of Immigration and Emigration has decided to proceed with the stalled border control system contracted to Malaysia’s Nexbis Limited. Meanwhile, Nexbis has filed a lawsuit at the Civil Court seeking Rf 669 million (US$43 million) in damages from the former Immigration Controller Abdulla Shahid.
The first hearing of the case, scheduled for Wednesday, was cancelled.
According to the lawsuit, Nexbis alleged Shahid refused to proceed with the project despite court approval and spread false information regarding the agreement to the media, tarnishing Nexbis’ global reputation.
Nexbis claims that misleading media coverage adversely affected its global operations – the company suffered a drop in share prices when the Maldives Anti-Corruption Commission (ACC) raised concerns of corruption, costing Nexbix AUD$39.9 million (Rf669 million).
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