Shamheed promises to repay debt

1 day ago

Opposition MDP’s South Hulhumale’ MP Dr. Ahmed Shamheed has pledged to settle a debt in accordance with a Civil Court ruling concerning a loan guarantee he provided for Duplex Private Limited. Failure to settle the approximately MVR 4.3 million owed to the Maldives Islamic Bank (MIB), as ordered by the court, would result in the legal forfeiture of his parliamentary seat. The