location

Villa

Business & Tourism

Watchdog ‘challenging Supreme Court’ with US$110m claim against Villa

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.

17 Jun 2018, 9:00 AM

Business & Tourism

Villa slams tax authority over lawsuits to recover US$166m

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 Authority of trying to “discredit the companies and damage the businesses”.

16 Aug 2017, 9:00 AM

Business & Tourism

High court rules against Gasim’s Villa in resort lease dispute

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 all the accounts of Villa Shipping company again,” he said Sunday night.

22 Mar 2017, 9:00 AM

Business & Tourism

High court deals blow to Gasim’s bid to retain airport

The high court overturned a lower court order halting the tourism ministry’s takeover of the Kaadehdhoo airport in Gaaf Dhaal airport.

24 Feb 2017, 9:00 AM

Politics

Government takes over Gasim’s Villa 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 alliance with the 79-year-old’s faction of the ruling Progressive Party of Maldives.

19 Jan 2017, 9:00 AM

Business & Tourism

Gasim’s Villa wins back all five resort properties seized during crisis

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 from the ruling coalition.

14 Jan 2016, 9:00 AM

Business & Tourism

Hundreds of resort workers quitting over non-payment of wages

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 the AAA Hotels and Resorts.

23 Aug 2015, 9:00 AM

Business & Tourism

Villa workers strike as company struggles to bounce back

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 imposed sanctions and has announced plans to sell off one of its luxury resorts to get back on track.

19 Aug 2015, 9:00 AM

Business & Tourism

Tax authority removes freeze on Villa Group accounts

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 in relations between the opposition and the government.

05 Jul 2015, 9:04 PM

Politics

Court issues arrest warrant for Gasim

14 May 2015, 3:38 PM

Business & Tourism

Government freezes Villa accounts

13 May 2015, 7:45 PM

Business & Tourism

Civil Court orders halt to seizure of lands allocated to Gasim’s Villa company

12 Feb 2015, 1:13 PM

News In Brief

Maamigili Airport returns to international status

17 Sep 2014, 10:51 AM

News In Brief

Maamigili airport downgraded to a domestic airport

26 Aug 2014, 11:14 AM

Politics

Politicians behind death threats to Gasim, claims JP

18 Aug 2014, 3:59 PM

Politics

President Yameen denies “impeding” Gasim’s businesses

16 Aug 2014, 4:27 PM

Politics

Government takes back Kaadedhoo airport, uninhabited island from Gasim’s Villa Group

14 Aug 2014, 6:29 PM

News In Brief

Flyme’s first seaplane en route to Maldives

27 Apr 2014, 5:39 PM

News In Brief

Maldives entrepreneurs braving “culture war” to pursue guesthouse growth, AFP reports

12 Oct 2013, 4:48 PM

News In Brief

Gasim pledges to establish National University faculties in each atoll

24 Jun 2013, 12:22 PM

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