Sangu TV embroiled in ownership dispute
Ibrahim Waheed ‘Asward,’ managing director of Sangu TV, has asked the police to investigate alleged threats of arrest and physical violence amid a dispute with ruling party MP Abdulla Yameen over ownership of the private station.
04 Jan 2017, 9:00 AM
Ibrahim Waheed ‘Asward,’ managing director of Sangu TV, has asked the police to investigate alleged threats of arrest and physical violence amid a dispute with ruling party MP Abdulla Yameen over ownership of the private station.
Asward told the Maldives Independent that the lawmaker’s brother sent him a threatening text message Monday night after he refused to hand over his controlling shares in Cocona International, the station’s parent company.
The Progressive Party of Maldives’ MP for the Velidhoo constituency also filed a case with the police earlier this week alleging that Asward forged documents to seize a 99 percent stake in the company without his knowledge.
But Asward insists that the PPM MP handed over his shares voluntarily in December.
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