SPECIAL: Untangling the GMR-Male row

Timeline of incidents that lead to the scrapping of the $500 million airport development deal

On November 27, the Maldives cancelled an agreement with Indian infrastructure firm GMR to develop an airport in capital Male. The $500-million (Rs 2,750 crore) deal was the largest foreign direct investment in the Indian Ocean archipelago of 1,192 islands. Ever since the contract was awarded to GMR, the project had been at the centre of a controversy over collection of $25 as airport development fees. There also were allegations made by the current government that the previous ruling party had rushed through the bidding process, which was not transparent enough. GMR Infra has a 77:23 joint ...