Thursday, November 29, 2012

GMR Infra seeks legal options against Maldives govt


New Delhi: GMR Infrastructure is exploring legal options against Maldives Government for terminating its USD 500-million airport development contract for running the Male airport.
"We are seeking legal opinion (against the termination notice) and we will formalise our strategy shortly," a GMR spokesperson said, adding that operations at the Male airport are functioning "normally".
Meanwhile, Maldives has denied a report from local Sun Online that work permits and visas of GMR officials working in Maldives will be cancelled within seven days.
Maldivian President's Press Secretary Masood Imad said that GMR has been given more time than what is stipulated in the contract. Visas to GMR officials will continue as per the normal procedures, he added.
29/11/12 ZeeNews


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