Minority opposition People’s Alliance (PA) Deputy Leader Ahmed Nazim agreed to sell Shaviyani Kabalifaru, which was leased for development as a resort in 2005, for main opposition Dhivehi Rayyithunge Party (DRP) Leader Ahmed Thasmeen Ali to raise money for a loan of over Rf2 million (US$155,600) owed to the Deputy Speaker of Parliament, Thasmeen’s lawyer said at yesterday’s final hearing of Nazim’s lawsuit at the Civil Court.
According to local media reports, Shaheem Ahmed, Thasmeen’s lawyer, denied that an agreement was made between the pair to pay back the loan in a month, claiming that to date Nazim has failed to find a buyer for Kabalifaru as agreed upon in November 2008.
Shaheem also denied Nazim’s claim that the loan was taken to pay back Thasmeen’s debts at the Bank of Maldives.
However Nazim’s lawyer, Mohamed Saleem, disputed both claims, demanding documentation to prove that Thasmeen gave power of attorney to Nazim to sell the resort.
Judge Hathif Hilmy adjourned the hearing after informing the parties that a judgment would be given at the next court date.
Deputy Speaker Nazim is suing Majority Leader Thasmeen to recover Rf1.92 million (US$149,400) allegedly unpaid from a loan worth Rf2.55 million (US$200,000) along with Rf100,000 (US$7,782) incurred as lawyer’s fees.
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