While the Maldives government now has shown the door to GMR its attorney general had in December 2010 opined that project documents and lease agreement entered between the government and GMR do not violate any provisions of local law.
Maldives Attorney General Ahmed Ali Sawad's legal opinion dated December 28, 2010 was shared by GMR sources on Tuesday. The GMR group has run into the problems after the current government under President Mohammed Waheed took charge earlier this year. The opinion was expressed in 2010 when Waheed's predecessor Mohammad Nasheed was in charge of the state.
The attorney general had opined that the project documents and lease agreement "do not violate any provision of the Constitution of the Republic of Maldives or any law, regulation, rule or decree of the Republic of Maldives; and " will constitute binding obligations of the Government of Maldives in accordance with the terms and conditions set out in the Proiect Documents and the Lease Agreement.''
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app