MVR 32 million to be paid to Maldives in compensation for ventilators

Maldives has won the case submitted to the Maldives International Arbitration Center regarding Dubai’s Executors General Trading’s failure to provide ventilators for the treatment of critical Covid-19 patients according to the agreement with the former government.

This case regarding the Executor company’s violation of the agreement signed between the Ministry of Health and the company on February 2, 2023, during former President Ibrahim Mohamed Solih’s administration, was proposed to Arbitration in February last year. The Maldivian State had demanded payment for the damages incurred as a result of Executor’s failure to provide the agreed ventilators, alongside reimbursement of funds for the unsupplied ventilators, which sums up to a total of USD 2 million (MVR 32 million).