India issues first installment of US$100 million loan to Maldives

The Indian government today handed a US$30 million (Rf462.6 million) loan to the Maldives Finance Minister Ahmed Inaz to settle Treasury Bills (T-Bill) sold to various parties.

The loan was presented by Indian High Commissioner to the Maldives DM Muley, in the form of a State Bank of India (SBI) cheque.

At the ceremony, Inaz noted that the loan was part of a US$100 million (Rf1.5 billion) loan that is being provided by the Indian government. The remaining US$70 million (Rf1 billion) will be provided in the near future, he said.

Altogether, the loan is expected to settle the T-Bills. Earlier this year, Parliament authorized the state to seek a maximum of Rf1.3 billion (US$8 million) from T-Bill sales.

To date, the government has allegedly acquired over Rf700 million from T-Bill sales this year. The government sold Rf750 million (US$45 million) in T-Bills today alone.

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Umar Naseer, MP Abdul Raheem elected PPM deputies

The Progressive Party of Maldives’ (PPM) interim council elected two deputy presidents through a secret ballot at the council’s first official meeting last night.

Former Dhivehi Rayyithunge Party (DRP) Deputy Leader Umar Naseer and former People’s Alliance MP Abdul Raheem Abdulla won with 21 votes and 9 votes respectively.

The other two candidates, MPs Ahmed Nihan and Hamdhoon Hameed, each received 7 votes.

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Sri Lanka will host CHOGM 2013 in spite of war crime allegations

Commonwealth Heads of Government have decided not to reassess Sri Lanka’s suitability to host the 2013 meeting (CHOGM), in spite of current international allegations of human rights violations during its civil war.

“This decision runs contrary to the association’s fundamental values of human rights and democracy, and has pushed the Commonwealth to the lowest point in its history,” read a press release.

In 2009, the Commonwealth deferred Sri Lanka’s request to host CHOGM for two years starting in 2011.

As meeting host, Sri Lanka will automatically become chair of the association.

A press release from the Commonwealth Human Rights Initiative said the decision indicated “that [the Commonwealth] is no longer capable of landmark human rights stances, as demonstrated by its historic activism against Apartheid.”

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Security switches on for SAARC

Armed forces, police and other relevant authorities are on alert for the SAARC Summit, Joint Inter Agency Taskforce Commander Hassan Ziyad said. Heads of State from the South Asian region, including high-profile leaders of India, Pakistan and Afghanistan, will be arriving in Addu City starting November 5.

Ziyad told local media Haveeru that the heads of states are “considered high risk even in their own countries,” and that respective domestic security threats are being taken into account by SAARC security forces.

All attending countries are providing security measures. Indian surveillance aircraft and navy vessels are patrolling the areas around Addu City and Fuvahmulah.

Ziyad has said that six teams of sniffer dogs provided by Sri Lanka are among the most trusted security measures.

During a press conference last week, National Security Advisor Ameen Faisal assured that security was tight and “there is no risk at all, we aren’t even bothered about it.”

The armed forces will be on alert commencing Tuesday for the SAARC Summit to be held from November 10-11.

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PPM completes registration process

Former President Maumoon Abdul Gayoom’s newly-formed Progressive Party of Maldives was officially registered by the Elections Commission (EC) last week with 3,200 members.

Newspaper Haveeru reports EC Chair Fuad Thaufeeq as saying at the registration ceremony that the passage of legislation governing political parties was very important for the commission to carry its out responsibilities.

The bill has been in committee stage for over a year and a half.

PPM held its inaugural convention on October 15 and voted for an interim president, interim council, manifesto, party constitution, logo and colour.

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President backs Australia’s carbon tax

President Mohamed Nasheed has declared his support of Australian Prime Minister Julia Gillard’s carbon tax proposal, and recommended other countries follow her lead.

Speaking at the close of the Commonwealth Heads of Government Meeting (CHOGM) in Perth on Sunday, Nasheed said the summit had accepted key recommendations on combating climate change, reports online media outlet Nine MSN.

Gillard’s proposal has been called “highly controversial” and protested across Australia since 2010, losing her significant public support. Many have expressed their concerns over higher costs for families and businesses.

Nasheed, meanwhile, praised Australia’s “brave steps” towards the tax, and hoped other countries would follow the example.

CHOGM’s final communique called for concerted global action on climate change.

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High Court concludes hearings of MP Hameed’s appeal

The High Court concluded hearings last Thursday of the appeal by Independent MP Ismail Abdul Hameed of the Criminal Court verdict finding him guilty of abuse of authority.

The MP for Kaashidhoo was sentenced to one year and six months banishment after he was found guilty of misusing his authority as the former Director of Waste Management at the Male’ municipality to financially benefit a Singaporean company named Island Logistics in the purchase of a barge.

According to local media reports, Judge Abdulla Didi noted in the verdict that the agreement stipulated the barge was to be delivered within 90 days of signing the agreement, upon which 50 percent of the value was to be paid to Island Logistics.

Although the barge arrived in the Maldives on October 23, 2008, Hameed had however signed a document claiming that the barge was delivered on schedule on April 28, 2008.

At the High Court hearing, Hameed’s lawyer however submitted documents showing Hameed visited Indonesia to claim the barge and a letter from the municipality to the Anti-Corruption Commission (ACC) requesting the barge be released.

Hameed insists he signed the delivery forms after the government officially claimed the barge. Moreover, Hameed’s lawyer argued that government violated the agreement by not making payments on time and Hameed negotiated with the company to ensure the delivery of the barge.

The state attorney countered that Hameed signed the documents before the barge arrived in the Male’ harbour.

The High Court adjourned the hearing after informing the parties that a verdict would be issued at the next court date.

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Addu accepts bids for convention centre management and hotel

Addu City Council will be accepting bids for the lease of land to design, build and operate a minimum 100-room city hotel in association with the newly-constructed convention center.

The City Council has also made the task of operating and maintaining the convention center available to public tendering.

Documents will be available at Addu City Council Secretariat starting on 30 October through 9 November.

Maldivian parties may purchase the bidding documents for Rf2000, and foreign companies will be charged US$300 for the papers.

The city council will hold a pre-bid meeting on 16 November at 2 pm.

Bidding parties are invited to the bid opening on 15 December.

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Vice President advocates for creativity at art awards ceremony

Nausheen Ahmed Nashid of Thaajuddeen School won the first prize of the “My Dream Home” children’s art competition, organised by Sunfront Private Limited.

Vice President Dr Mohamed Waheed spoke at last night’s award ceremony, held at Nasandhura Palace Hotel. Thanking Sunfront for organising the competition, he said artistic expression is an important factor in academic success.

The Vice President said the underdevelopment of creative skills would undermine a child’s growth in other areas.

The Vice President was pleased to note the high number of participants in the competition.

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