The Anti-Corruption Commission says the state incurred heavy losses due to a 2013 settlement agreement with Villa that waived rent for properties leased for resort development.
Villa and its subsidiary companies do not owe any money to the state, the legal team insisted in a statement Monday, accusing the Maldives Inland Revenue...
Gasim had predicted that the high court would rule against Villa. "It looks like a big wave is building, looks like they are going to freeze...
The high court overturned a lower court order halting the tourism ministry’s takeover of the Kaadehdhoo airport in Gaaf Dhaal 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...
Jumhooree Party Leader Gasim Ibrahim's Villa Company has won back all five properties seized by the government during a political crisis triggered by the JP's split...
Mauroof Ahmed, the secretary general of TEAM, said delays and non-payment are common in resorts operated by three Maldivian companies - Villa Hotels, J Resorts and...
A number of Maldivian workers at a Villa Group resort have gone on strike over unpaid service allowances. The company is struggling after months of government...
The tax authority has removed a freeze on Jumhooree Party leader and tourism tycoon Gasim Ibrahim's Villa Group accounts in yet another indication of a thaw...
