New Delhi: Stating that GMR Infrastructure has not invested in Maldives "to be compensated", the company has said it will take all "legal remedies" to protect its USD 511 million airport contract in the island nation.
"It's not a question of compensation. We did not come here for compensation. We came here because we competed competitively in an international tender and we won that bid," CEO of GMR Male International Airport Andrew Harrison told PTI from Male on phone last night.
He added that the Maldives government, which had given a sovereign guarantee, did not follow the terms of the agreement, which has laid down a proper procedure to be followed even in the case of terminating the contract. When asked whether GMR would move to the International Court of Justice in case of a forceful take over of the Male airport by the Maldivian government, he said: "We will follow every single legal remedy that is available to us. We will ensure that our rights are protected. There are international laws that has to be followed by the countries."
04/12/12 PTI/Deccan Herald
