Attorney General (AG) Aishath Azima Shakoor Monday said the Maldives government would also seek compensation through arbitration for any losses incurred by the "illegal" awarding of Ibrahim Nasir International Airport (INIA) to India's GMR Infrastructure Limited.
Maldives government had prematurely terminated the Indian infrastructure giant’s 25 year contract to develop and operate INIA on November 27 signed during the administration of former President Mohamed Nasheed.
Maldives Airports Company Limited (MACL) took over operations from GMR on December 7, after the Singapore Supreme Court ruled that the Maldives government has the authority to expropriate the airport from GMR.
During a press conference at the AG’s office Azima revealed that a person from the Singapore National University has been appointed to act as the arbitrator of the MACL. GMR would have 30 days to appoint an arbitrator and the entire process could take up to a year, according to the AG.
17/12/12 Ali yoosuf/Haveeru Online
