TMA refutes leaked special audit report as “extremely misleading”

Trans Maldivian Airways (TMA), on Tuesday, responded to recent news reports regarding Maldives Airport Company Limited (MACL)’s handover of its new seaplane terminal to TMA, refuting the leaked special Audit Report, claiming its calculations and projections were “grossly incorrect” and therefore “extremely misleading.”

In a press statement, TMA discredited the audit report, declaring that its findings are not based on facts, but rather on “faulty assumptions that are unrealistic”, and makes exaggerations on projected revenue by "at least 8 times.”