Friday, November 30, 2012

GMR seeking legal remedy to stay on in Male


Mumbai: The GMR group, which is being evicted from the Maldives over the cancellation of its airport development contract, is seeking legal remedy to enable them to remain in the archipelago and to protect its investment and employees.
“We are seeking legal remedy and are hopeful of getting legal protection to continue our airport operations at the Maldives,” said GMR group spokesperson Arun Bhagat.
Several senior GMR officials are in the Maldives, trying to find a solution to the imbroglio.
The Maldives government has issued a notice to GMR, asking it to move out of the airport within seven days and threatened to cancel the visas of GMR employees seven days hence.
Mr. Bhagat, who flew down to the Maldives after trouble broke out and returned on Thursday, said although the airport was operating normally, the situation was very intimidating.
30/11/12 The Hindu
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