Audit of GMR airport deal to be completed in February

Auditor General Niyaz Ibrahim has said that a special audit of the awarding of a concession agreement to develop, manage and operate Ibrahim Nasir International Airport (INIA) to a consortium of Indian infrastructure giant GMR and Malaysian Airports Holding Berhad (MAHB) is currently underway and will be completed in February 2013.

Niyaz told state broadcaster Television Maldives (TVM) yesterday (November 5) that an experienced British auditor was expected to join the team conducting the audit during the first week of December.

“We have completed a large portion of [the audit] with a special team dedicated to it,” Niyaz said. “We have been able to collect almost all the documentation we need and have reviewed them.”

He added that the audit of the bidding process has been completed. “After that, we will carry out a study of the contract and different analyses,” he said.