State raises doubt over MVR 348 mln 'Dheebaja' settlement

The state, on Wednesday, asserted that the earlier verdict, to compensate Dheebaja Investment Pvt Ltd with MVR 348 million, was based on unknown calculations and information.

The Civil Court initially ordered the government to pay a sum of MVR 348 million as compensation to Dheebaja in 2014, during President Mohamed Nasheed's tenure. The company then filed a lawsuit, after the administration of President Dr Mohamed Waheed terminated a 2011 contract regarding the provision of ferry services in the Northern Province.