360° Coverage : No corruption in Male airport deal, says watchdog

No corruption in Male airport deal, says watchdog

Male, June 18 (IANS) The Maldives anti-corruption watchdog has ruled out any corruption in the deal to award the country's only operational international airport to Indian infrastructure giant GMR group, a media report said Tuesday.

Jun 18 2013, 6:30am CDT | by

No corruption in Male airport deal, says watchdog
Photo Credit: MICHAL CIZEK, Getty Images

Male, June 18 — The Maldives anti-corruption watchdog has ruled out any corruption in the deal to award the country's only operational international airport to Indian infrastructure giant GMR group, a media report said Tuesday.

The $511 million project was abruptly cancelled by the Maldivian government in November 2012.

The Anti-Corruption Commission's 61-page investigation report into alleged corruption in the leasing of the Ibrahim Nasir International Airport to GMR by the previous administration declared that there was no corruption involved in the bid evaluation phase of the deal, Xinhua reported citing Haveeru online.

The report said GMR had offered the highest concession fee and scored the highest marks in the bid to develop and operate the airport for 25 years.

It said a concession agreement was signed between the government, GMR consortium and Maldives Airports Company Limited (MACL), which ruled out any grounds for corruption.

In November 2012, the Maldives government prematurely terminated the 25-year agreement with GMR to develop and operate the airport.

The MACL took over operations from GMR Dec 7, after the Singapore Supreme Court ruled that the Maldives government had the authority to expropriate the airport from GMR.

IANS

Source: IANS

 
 
 

<a href="/latest_stories/all/all/8" rel="author">Luigi Lugmayr</a>
Luigi is the founding Chief Editor of I4U News and brings over 15 years experience in the technology field to the ever evolving and exciting world of gadgets. He started I4U News back in 2000 and evolved it into vibrant technology magazine.
Luigi can be contacted directly at ml@i4u.com. Luigi posts regularly on LuigiMe.com about his experience running I4U.

 

blog comments powered by Disqus

Latest stories

$75,000 Apple Watch revealed
$75,000 Apple Watch revealed
When Apple's designs are not exclusive enough then there are 3rd parties who add gold and diamonds to the iGadget to make them precious. Brikk announced the Lux Watch, a diamond studded version of the Apple Watch.
 
 
Sony will not Sell Off TV And Mobile Spinoffs
Sony will not Sell Off TV And Mobile Spinoffs
Sony President Kazuo Hirai clarified on Wednesday that the company will not immediately sell off the spun out TV and mobile phone business.
 
 
Apple Watch gets 12-page Vogue Magazine Ad
Apple Watch gets 12-page Vogue Magazine Ad
The March issue of Vogue Magazine packs 12 pages of Apple Watch ads.
 
 
Wearables that go beyond the Apple Watch
Wearables that go beyond the Apple Watch
Apple Watch is going to open a new chapter in wearables, but where is the future?