topic
Resort Lease


Business & Tourism
Government denies unfairly targeting Gasim’s businesses
Three ministers met the press at the president’s office to defend the Maldives Inland Revenue Authority, stressing that it is an independent institution whose enforcement actions are taken after due process and without any government interference.
06 Apr 2017, 9:00 AM


Business & Tourism
Government’s seizure of Villa’s resort properties unlawful, civil court rules
Shortly after Gasim’s Jumhooree Party formed an alliance with the main opposition Maldivian Democratic Party in February and launched an anti-government campaign, the tourism ministry terminated the lease agreements of two lagoons and three islands leased to Villa and subsidiary companies for resort development.
14 Dec 2015, 9:00 AM


Business & Tourism
Government proposes $5m resort lease extensions
07 Apr 2015, 7:19 PM
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