Author: Minivan News

Amana Takaful posts MVR 4.5 million profit since Maldives Stock Exchange float

Sharia-compliant insurance company Amana Takaful (Maldives) PLC has announced a cumulative profit of MVR 4.5 Million (US$292,208) since listing on the Maldives Stock Exchange back in 2011.

Following the company’s second annual general meeting held Sunday (April 28), Amana Takaful  said a 10 percent dividend of MVR 2.6 million (US$168,831) would be paid among its Maldives-based shareholder members for the group’s performance during 2012.

Growth for the company during last year was said to be driven in particular by demand for medical and motor insurance following amendments to government regulations that has seen a number of insurers moving to offer 3rd party coverage in these areas.

A spokesperson for the company claimed that 3rd party motor cover was anticipated to continue to help drive growth for its Maldives operations in the coming years as a result of recent legislation imposed on the country’s motorists.

During its AGM, Amana Takaful also announced an underwriting result – earnings from premiums after deducting the costs of operating expenses and insurance claims – of MVR 20.7 million (US$1.3 million). This was said to be a 61 percent increase on the previous year.

As well as Sharia-compliant insurance, a growing number of private groups in the Maldives have moved to offer Islamic financing to their customers.

Specialist groups such as the Maldives Islamic Bank (MIB) are set to be joined in the segment by Bank of Maldives (BML), which this month announced the appointment of a four-member Sharia Advisory Committee.

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Afghan ambassador and UN resident coordinator present credentials to President Waheed

Shaida Mohammaad Abdali, the new Ambassador of Afghanistan accredited to the Maldives, presented his credentials to President Dr Mohamed Waheed yesterday (April 29).

During a ceremony held at the President’s Office, Ambassador Abdali also discussed strengthening bilateral ties between the two countries, while Dr Waheed noted both nations’ efforts to consolidate democracy in recent years.

The ceremony was held a day after United Nations Resident Coordinator Tony E. Lisle also presented his credentials to President Waheed.

During the ceremony on April 28, the president spoke of challenges needing to be addressed in the Maldives regarding the judiciary, as well as the country’s health and education sectors.

President Waheed also underlined challenges in overcoming what he called the “difficult fiscal situation” presently facing the country.

Lisle began his tour of duty on April 21. The resident coodinator role requires him to oversee national development programs by collaborating with the various UN agencies operating in the country.

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One dead and three injured in boat collision near Holiday Inn resort

One man has died and three others were injured following a high-speed boat accident between a fishing vessel and Holiday Inn Resort Kandooma Maldives speedboat on the evening of  April 28.

At approximately 8:00pm a fishing dhoni – from neighbouring island Guraidhoo – entered the resort’s channel and collided with a Kandooma resort recreational speedboat.

The dhoni did not have properly functioning navigation lights, however the speedboat was traveling “very fast”, a source familiar with the incident told Minivan News today (April 29).

“The fishing dhoni was badly damaged and will probably sink, however the speedboat did not appear damaged,” said the source.

During the accident a crew member from the dhoni “fell off the boat and was missing”, police reported.

Two divers and security personnel from Kandooma resort were dispatched following the accident to search for the missing crew member, Ali Abdulla, a 37 year-old from Guraidhoo island in Kaafu Atoll.

The rescue team found Abdulla under water in the Kandooma resort lagoon around 9:15pm, according to police.

“The area is not deep, six or seven meters, however it was very dark. The man was found bleeding from the nose and mouth,” explained the source.

“He also had serious injuries above the neck, behind the head and a small chest injury was also visible.

“The rescue team tried to revive him by performing CPR and giving him oxygen from a scuba cylinder while in transit to Maafushi,” the source added.

Abdulla was taken to the Maafushi Island Health Center, where he was pronounced dead on arrival.

Three other individuals sustained injuries, including a hand fracture and other “minor injuries”, said police.

The Maldives marine police are investigating the case.

Holiday Inn Resort Kandooma Maldives General Manager Chris Batterham expressed the resort’s concern about the incident to Minivan News today.

“The health and safety of our guests, employees, and the community in which we live is of the utmost concern. This is a very tragic accident and our thoughts and prayers are with everyone involved. The resort is assisting the family of the deceased at this difficult time,” said Batterham.

“We are assisting the police with their ongoing investigation and cannot comment further at this time,” he added.

Recent incidents

In February this year an oil tanker and a speedboat on its way to Male’ from One and Only Reethirah Island Resort collided, killing Dhaudh Mohamed, 28, from the island of Kulhudhufushi in Haa Dhaalu Atoll.

According to local newspapers, some of the passengers aboard the speedboat were critically injured and one passenger was reported to have been paralysed.

Newspaper ‘Haveeru’ alleged the captain of the speedboat was asleep when the accident took place. The paper reported that the captain of the speedboat was arrested.

The police reported two separate boat collisions on January 3, 2013, the first of which occurred near the T-Jetty and the second at the airport ferry terminal, both in Male’.

Both collisions involved ferries operated by Maldives Transport and Contracting Company (MTCC), which today announced that it would not be reviewing its current operations, instead favouring increased staff training.

In December 2012, a collision between two speedboats left a Finnish tourist dead and nine other people injured.

The collision occurred between an express speedboat service to the island of Hulhumale’ – which is located near to the capital of Male’ – and another vessel belonging to the Bandos Island Resort and Spa property.

The incident led to the temporary suspension of an express speedboat service between Hulhumale’ and Male’ operated by the Maldives Transport and Contracting Company (MTCC).

In November 2012, three passengers were injured in a collision at sea between two speedboats near the island of Fonadhoo, located next to the capital Male’.

According to police, a speedboat en route to Club Rannaalhi Resort from the airport collided with a Maldives Transport and Contracting Company (MTCC) vessel travelling from Male’ to Hulhumale’ around 10:30pm.

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High Court appeal of 15 year-old rape victim’s sentence begins

The High Court appeal case for a 15 year-old rape victim sentenced to flogging and house arrest after she was found guilty of fornication began today (April 29).

The 15 year-old was convicted of premarital sex at the Juvenile Court on February 26 and sentenced to 100 lashes and eight months of house arrest, after confessing to fornication with another man. The confession was made during a separate investigation which was launched following the discovery of a dead baby buried in the outdoor shower area of her home.

The High Court trial that began today (April 29) was not open to the public, as the presiding judge exercised the authority to exclude the public “where the interest of juveniles or the victims of a crime so require”, as stated in Article 42 of the Constitution, according to local media.

High Court media official Ameen Faisal told local media that the Human Rights Commission of Maldives (HRCM) had also intervened in the case.

The victim’s state-appointed attorney filed the appeal with the High Court on April 1.

At the time, former Attorney General Aishath Azima Shukoor told local media the case had to be appealed because the Juvenile Court had taken statements from the witnesses in violation of procedure.

Shukoor also said the Juvenile Court ruling was in violation of Islamic Sharia as it had not considered psychological reports produced to the court.

Additionally, the child’s defence claimed her testimony was taken in violation of constitution and the charges against her were filed in violation of criminal procedure.

Sources from the girl’s island of Feydhoo in Shaviyani Atoll previously told Minivan News that concerns had been raised by islanders since 2009 that the minor was allegedly the victim of sexual abuse not just by her stepfather, but an unidentified number of other men on the island.

In June 2012, the girl gave birth to a baby which was later discovered buried in the outdoor shower area of her home. Her stepfather was later charged with child sexual abuse, possession of pornographic materials and committing premeditated murder. Her mother was meanwhile charged with concealing a crime and failing to report child sexual abuse to the authorities.

Council heads and senior civil society figures have slammed the judiciary, state authorities and welfare groups over their systemic failure to protect the 15 year-old girl.

Sentencing controversy

The 15-year-old’s case has brought international attention to the Maldives’ legal system, including the launch of an online Avaaz.org petition signed by over two million people that has threatened to put pressure the tourism industry. The sentencing of the minor has also come under high-profile public criticism from British multi-billionaire Sir Richard Branson, founder of the Virgin group of companies.

President Mohamed Waheed Hassan Manik’s government previously criticised the verdict, pledging earlier this year to review the use of flogging as a punishment for sexual offences – a practice it alleged in some cases actually serves to punish victims of rape and abuse.

Following the Juvenile Court’s ruling in February, Waheed stated on his official Twitter account: “I am saddened by the sentence of flogging handed to a minor. Govt will push for review of this position.”

However, the religious Adhaalath Party (AP) – which largely makes up the ranks of the Islamic Ministry and with which President Waheed’s Gaumee Ithiaad Party (GIP) entered into a coalition in March – endorsed the sentence.

“The purpose of penalties like these in Islamic Sharia is to maintain order in society and to save it from sinful acts. It is not at all an act of violence. We must turn a deaf ear to the international organisations which are calling to abolish these penalties, labeling them degrading and inhumane acts or torture,” read a statement from the party.

“If such sinful activities are to become this common, the society will break down and we may become deserving of divine wrath,” the Adhaalath Party stated.

Inadequate child protection measures

A Maldivian children’s rights NGO recently criticised child protection measures currently in place as “inadequate”, while urging government authorities to incorporate several key human rights obligations into domestic law.

NGO Advocating the Rights of Children (ARC) told Minivan News earlier this month that although the Maldives has signed and agreed to be legally bound by the provisions in the Convention on the Rights of the Child (CRC) and its Optional Protocols, the commitments have yet to be adopted into law.

ARC claimed that provisions outlined in the CRC had not been fully adopted by the state into domestic legislation, thereby limiting the promotion and protection of child rights.

“The recent case of a 15-year old girl, whose rights were violated and abused by her stepfather is a clear example of how domestic judicial and legal mechanisms failed to address and rectify the violation over a substantial period of time, at different levels,” ARC said.

“This is a situation where an individual complaint to the UN Committee could hold the government accountable even if the ‘domestic remedial system’, including judicial and legal mechanisms, fail to address the issue of abuse.

“Ratifying this optional protocol will help protect the rights of children as it could help reduce the number of cases in the Maldives where a lack of legislation, clarity and commitment to international human rights law allow serious injustices to proliferate,” ARC added.

Meanwhile, neglect and abuse of children were reported to have increased to an “alarming level“, compelling the the Maldives’ Ministry of Gender, Family and Human Rights to submit an amendment (April 7) that would transfer parental guardianship of children in cases of negligence.

Earlier this year, ARC called on the Maldivian government to pass legislation concerning the treatment of sexual abuse victims. The NGO also raised concerns over the potential impact on the state’s ability to prevent sexual offences following reductions to the state budget approved by parliament in December 2012.

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Bank of Maldives issues email scam warning to customers

Bank of Maldives (BML) has urged customers to avoid sending personal details such as bank card or account numbers via email after issuing a warning about fake messages being sent in the company’s name.

BML has said it received information of a phishing scam where fraudulent emails under the company’s name were being sent from the address ‘[email protected]’ asking clients to verify their accounts online.

“We assure that the mentioned email is not related to Bank of Maldives in any way and would like to inform all customers not to respond to such emails,” the company stated.

“If your confidential information is obtained in any such manner, this information can then be used fraudulently, as such we remind all customers of the importance of ensuring the security and confidentiality of your accounts, card information and access codes”, BML added.

The company stated that it would never request customers disclose confidential information about their accounts via email or SMS.  BML said that customers should only enter their account data after accessing the company’s official website by typing ‘www.bankofmaldives.com.mv’ into their browser.

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Indian experts to visit Maldives for satellite study

A team of Indian experts will be visiting the Maldives to study how India can help to launch and operate the nation’s first communications satellite, reports local media.

Minister of Defence Colonel (Retired) Mohamed Nazim told local media that during his visit to India earlier this month the country expressed interest in the project.

“The team will come to find out how we want to operate it and carry out a study. They have expressed interest to assist us in the project,” Nazim said.

The Indian Space Research Organisation (IRSO) did not initially submit a proposal, considering the project “not viable” given China’s interest and presence in the Indian Ocean Region. They later requested the Indian Ministry of External Affairs to partly subsidise the project, Indian media reported earlier this month.

Indian security agencies are concerned about increased Chinese participation in neighboring countries’ communication satellite projects, according to various Indian media outlets.

Nazim stressed that India’s interest would “have no bearing” on the companies that previously submitted proposals, however India’s offer was “different” compared to the other proposal submissions.

“We will know how we want to proceed after India does its study,” Nazim said.

He added that the Maldives’ Cabinet will decide which company to awarded the project, according to local media.

The establishment and operation of a communications satellite would provide local TV stations an opportunity to use the technology, as well as benefit the Maldivian economy, said Nazim.

The Communications Authority of Maldives (CAM) Chief Executive Officer Ilyas Ahmed has previously denied receiving an official proposal from India, however a proposal from the Indian government “must be considered”.

Companies from China, UK, Netherlands, Cyprus, Luxembourg and Thailand had “expressed interest” prior to the proposal submission deadline, which the CAM extended from January 31, 2013 to February 28, 2013 after interested parties expressed difficulties because the previous time period for submission was too short.

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Largest safari boat ever constructed in the Maldives launched

The largest safari yacht ever constructed in the Maldives was launched from Alifushi port in Raa Atoll on April 22, local media reports.

The vessel was commissioned by Polish company “Scuba Spa”, which is registered in the Maldives, and constructed by Alifushi Island resident Mohamed Yusuf.

The 167 foot by 37 foot boat was under construction for two years and four months, Yusuf told local media. In 2010, an electrical fault caused the vessel and construction shed to burn down, however construction was re-started the following year.

While Scuba Spa has spent approximately MVR 5 million (US$ 324,255) on the boat, the construction costs alone totalled nearly MVR 3 million (US$ 194,553), according to Yusuf.

Lowering the vessel into the water took the construction team three months, he added.

The safari yacht is currently being loaded with travel necessities and Scuba Spa plans for the first passengers to arrive May 4, Yusuf said.

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Island Council office struck by lightning

The Rasgetheemu Island Council in Raa Atoll was struck by lightning yesterday (April 27) destroying all the office computer systems, reports local media.

The thunderstorm reached the island at approximately 3pm and shortly afterward the island council office was struck by lightning, “burning” six computer systems within the building, Island Council President Aishath Nazlee told local media.

“The lightning struck the antenna on top of the building. But as soon as lightning had struck, the computer systems inside the office were burned, although inside the council office had not caught on fire,” Nazlee said.

No one was injured given that the office was vacant over the weekend, however no communications are currently possible.

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Eco-friendly resort holds 24-hour scuba diving event

Eco-friendly resort Angsana Ihuru hosted a 24 hour scuba diving event to mark the 14th anniversary of its Rannamaari shipwreck and highlight the importance of protecting coral and marine life in the Maldives.

Seventy people representing 12 nationalities – including scuba divers representing all levels of experience, underwater photo journalists, and guests – participated in the “10 to 10 Rannamaari wreck” event, kicked off April 25.

A total of 138 dives and a 24-hour live webcast broadcast worldwide showcased the extraordinary marine diversity and beauty of the Maldives as well as the unique ecosystem that has developed on the shipwreck.

“The Maldives is well known for its natural beauty and among the island resorts Ansana Ihuru in particular is known for its beautiful house reef. The resort was renovated last year and attention was focused on the Marine Centre, because it is the underwater beauty we’d like to share,” said Executive Assistant Manager Henar Rios at the event’s opening ceremony.

The resort boasts of having one of the best ‘house reefs’ in the Maldives. “Seventy-five percent of Angsana Ihuru’s beauty is underwater,” Rios told Minivan News. She further explained that the resort has a 30 percent guest return rate, whereas most resorts average only five percent, even with special incentive programs in place.

“The Rannamaari wreck is now a living structure and symbol which is an extension of our reef that we will protect and share with pride,” Rios added.

The Rannamaari wreck was previously used as a dredging ship on a nearby island and was towed to Angsana Ihuru in 1999 to be used as an artificial reef. However, the ship sank “mysteriously” several days before the planned event and has since become a home for thousands of sea creatures and corals at a depth of 28 metres.

Scuba divers immediately took to the water to explore the reef following the open ceremony, which included a traditional bodu beru (drumming) performance and kurumba (tender coconut) refreshments.

Throughout the day divers and snorkelers were rotating in and out the water, exploring the Rannamaari wreck just off-shore from both the Marine Centre and Velaavani (shallow bay) Bar.

In addition to the daytime dives, a variety of unique scuba experiences took place to highlight the marine environment’s astounding changes which occur daily, including the “before dusk”, “fluorescent” underwater life, midnight, and “before dawn” dives.

A “try scuba” opportunity catered to non-certified divers, with Angsana Ihuru’s professional dive instructors carefully facilitating participants’ first underwater breathing experience in the island’s shallow lagoon.

The Rannamaari Play was a highlight of the anniversary celebration events. Resort staff creatively recounted the historical Maldivian folklore tale through a shadow-theatre performance accompanied by music and narration.

The sea demon Rannamaari previously terrorized the Maldivian people by demanding the sacrifice of a virgin girl each full moon. However, the Maldivians were saved by a Muslim traveler, who disguised himself as a women and stayed overnight in the temple reading verses of the Quran, causing Rannamaari to disappear forever. Following the traveler’s victory over the demon, the Maldives embraced Islam as a nation in 1153 AD.

Immediately following the play, the Male’-based band Flower Rain provided guests with live music at the bar.

Throughout the day’s events resort’s staff provided an assortment of delicious refreshments – including traditional Maldivian ‘short eats’ – to guests and participants, demonstrating the resort’s genuine hospitality.

In line with Angsana Ihuru’s environmental conservation focus, five percent of earnings generated from the anniversary events dives will be donated to sister-company Banyan Tree’s Green Imperative Fund, which supports community and environmental projects around the world.

The Maldivian telecommunications company Wataniya sponsored the “10 to 10 Rannamaari wreck” event.

“Unique, dive centric resort”

“The highlight of the event was the spirit that was shown by the staff of the island and the in house guests. Plus the online users who kept the momentum going,” the Marine Centre Manager and dive base leader for both Angsana Ihuru and Banyantree Maldives Vabbinfaru Adam Rasheed told Minivan News.

“The Rannamaari wreck is unique because you can swim in simply. It is very close to the reef, which means more or less all levels of divers, even a person who is in the water for the first time, will have a chance to see this.

“Now the wreck is like an artificial reef. The fish life is very, very good and very special, not to mention so easy to access,” Rasheed said.

Average underwater visibility peaks at 30 meters, while the reef drops away gradually from the powder-white sandy shoreline.

Rasheed explained that the initial idea for the “10 to 10 Rannamaari wreck” event came to him during a night dive.

“The dive was really, really good and I wondered when will two of the most important people in my life – my mom and aunt – get the chance to see something like this? So we started to build on that idea to also reflect the reopening of the resort following last year’s renovations, as well as commemorate the 14th anniversary of the wreck,” Rasheed said.

“Angsana Ihuru is trying to do something unique with more of a focus on the water and divers, to position ourselves as a dive centric resort.

“Over the years Ihuru has had an environmental focus and so we wanted to complement this and take the concept to a new level,” he added.

Rasheed further explained that during the recent renovations, the entire dive center structure was changed to reflect the resort’s focus on the underwater environment, diving, and snorkeling.

Angsana Ihuru claims to be the first resort in the Maldives to offer SNUBA, where breathing air is supplied from a long hose that is connected to a floating raft on the surface, allowing guests to dive up to six metres.

“For those who prefer snorkelling or are new to scuba diving, this gives a feel for diving without the need for deep underwater submersion.”

A plethora of marine life frequents the vibrant coral reef surrounding the resort island, including giant moray eels, scorpion fish, stingrays, eagle rays, manta rays, batfish, nurse sharks, big jack fish, and sea turtles.

Pictures and videos from the “10 to 10 Rannamaari wreck” event can be found on the Ihuru Funa Facebook or Twitter pages.

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