MDP Chair’s company ordered to pay MVR1.3million

The Civil Court has ordered Heavy Load Maldives Pvt Ltd to pay MVR1.3million (US$84,41500) for the failed payment of several speedboats, reports local media.

Heavy Load – owned by the family of Maldivian Democratic Party Chairperson ‘Reeko’ Moosa Manik – was ordered to reimburse Maldives Finance Leasing Company Pvt Ltd after the court found it had failed to meet the previously agreed payment schedule.

The unpaid amount – for which Moosa was reported to have been guarantor – is to be paid to the court within three months.