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

The Winning Numbers in $1.6 Billion Powerball Drawing on Ticket in California
The Winning Numbers in $1.6 Billion Powerball Drawing on Ticket in California
The winning numbers in the record Powerball drawing on Wednesday are drawn.
 
 
Cyber Monday 2015 Takes Over
Cyber Monday 2015 Takes Over
Black Friday 2015 is history. Here come the Cyber Monday 2015 deals.
 
 
Amazon Black Friday 2015 Sale is Live: The Best Deals
Amazon Black Friday 2015 Sale is Live: The Best Deals
The Black Friday 2015 sale on Amazon is an 8 Day event.
 
 
Amazon Black Friday 2015 Deals Unveiled
Amazon Black Friday 2015 Deals Unveiled
The Black Friday 2015 Deals offered in the Amazon Black Friday 2015 Sale are here.