CMDA to license companies for Sharia-compliant securities

Capital Market Development Authority (CMDA) has opened applications to companies wishing to provide Sharia-compliant securities.

According to local media, CMDA will screen companies to ensure that their operations and transactions are made in alignment with Islamic Shariah.

Licenses will be awarded following consultation with the Capital Market Sharia Advisory Committee.

Sharia-compliant security services are most notable for their exclusion of interest. Currently, Amana Takaful is the only insurance company licensed to provide Shariah-compliant services to the Maldivian public.

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ACC files against Home Ministry over office partitions

The Anti-Corruption Commission (ACC) filed a corruption case with the Prosecutor General’s (PG) Office on Tuesday against certain members of the Home Ministry’s Tender Evaluation Board.

The case accuses members of engaging in “unlawful practices” while evaluating bids to set up partitions in the ministry’s office, located on the tenth floor of the Velaanage office complex.

The case accuses State Home Minister Mohamed Mahir Easa, Maimoona Ahmed of Henveiru Mahaasa, Hamid Yousuf of Zeelithan/Raa atoll Hulhudhuffaru, Ahmed Shareef Nafees of Dhaftharu 1119, Ahmed Ishaq of Galolhu Cherry, Hussein Rasheed Yousuf of Dhaftharu 2065 and Mohamed Adam of Machangoalhi Maanika, Haveeru reports.

According to the ACC, marks were given for experience not conforming with the criteria stated in the information leaflet for setting up partitions, Haveeru reports.

The case has been filed under Article 12(a) of the Anti-Corruption Act.

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20-year-old man arrested for secretly filming girls in shower

Police have arrested an islander of Manadhoo in Noonu Atoll after he allegedly filmed three young girls living in the island while they were showering inside their house bathroom.

A Police spokesperson told Minivan News that the man arrested was 20 year sold.

”Police received reports that there has been some videos of girls captured and we questioned the suspect,” he said. ”He was arrested after police got enough evidence that the allegations could be true.”

He said police searched other houses in the island following the incident.

”He is currently under arrest in detention,” he said.

Minivan News understands that the girls filmed were three underage girls.

Manadhoo Council President Ibrahim Naseer told Minivan News that the young man had placed camera inside the bathrooms of the girls’ houses.

He said the videos were captured on different days and that all the videos were found stored in his computer.

Naseer told the media that the videos were first seen by the man’s brother.

In October last year a similar incident occurred on Filladhoo in Haa Alifu Atoll where the police arrested three youths on the island after they allegedly recorded and released explicit footage of islanders bathing with spy cameras.

Islanders told the police at the time that the suspects had deliberately targeted adolescent girls at the local school, with one of the videos reportedly showing a 17-year-old girl having a shower.

The bathrooms of many local houses on islands are traditionally unroofed, however following last year’s incident a number of islanders have begun roofing their bathrooms, reports indicate.

The three youths were arrested after nude videos of girls from the island were found on a hard disk.

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ACC investigates Ministry of Human Resources over recruitment agency licenses

The Anti-Corruption Commission (ACC) has launched an investigation into the Ministry of Human Resources’ decision to license certain recruitment agencies which are blacklisted.

ACC Commissioner Hassan Luthfee said the case involved reissuing recruitment licenses to blacklisted agencies but did not provide further details, Haveeru reports.

Agency licenses were revoked when the agencies illegally recruited expatriate workers.

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Islamic Foundation donates food aid to Somalia

Islamic Foundation of the Maldives (IFM) has donated vital food aid to over 80,000 victims of famine in the drought-stricken Somalia.

In a press statement released today, the religious NGO claimed that the food aid which included rice, flour, sugar, dates and cooking oil was handed over to 84,040 Somalis. Most recipients were women, children and the elderly.

According to IFM, food items worth Rf365, 203 (US$23,683) were equally distributed among 10,050 households belonging to the four worst hit areas: Bay, Bakool, Lower Shabelle and Banadir.

During the last quarter of 2011, an IFM official went to Somalia and dispersed the aid with the help of Islamic Relief Worldwide (IRW), the statement noted.

The UN has officially declared six parts of Somalia to be suffering from famine amid the worst drought in east Africa for 60 years.

“The Somalia crisis is everybody’s responsibility and Somalis need support now. We cannot afford to wait or we will let down the Somali people,” said Mark Bowden, the UN humanitarian coordinator for Somalia.

According to Bowden, more than half of Somalia’s 10 million people who are in dire need of help “will die without assistance”, while tens of thousands, including children, have already died of starvation.

The drought in East Africa has put an estimated 11 million people at risk. Suffering decades of relentless conflict, Somalia is the worst-hit country in the region.

Somalia’s south are experience the worst cases of famine, particularly the regions of Lower Shabelle, Middle and Lower Juba, Bay, Bakool, Benadir, Gedo and Hiraan, where the UN says an estimated 310,000 now suffer from acute malnutrition.

Meanwhile the UN has appealed for $1.5 billion for 2012, warning that the humanitarian crisis gripping millions of Somalis will persist for the coming months.

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Swedish death metal band Opeth comes to Maldives

Swedish heavy metal band Opeth will perform live in the Maldives on February 7 at Dharubaaruge in capital Male as part of its Asian tour.

Opeth agreed to play in the Maldives after Maldivian heavy metal band Nothnegal contacted its manager Northern Music Company.

The band previously played in India, however the Asian tour will take Opeth to new audiences in China, Taiwan and South Korea, said managing director Andrew Farrow.

In its lengthy compositions Opeth fuses progressive, folk, blues, classical and jazz elements with black metal and death metal. The band has released ten studio albums, three live DVDs, three live albums, and two box sets.

The current lineup includes Mikael Åkerfeldt (lead vocals, guitars), Martin Mendez (bass guitar), Martin “Axe” Axenrot (drums, percussion), Fredrik Åkesson (guitars, backing vocals) and Joakim Svalberg (keyboards, synthesizer, backing vocals, percussion.

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GMR and government to seek “win-win situation”: Razee

Infrastructure company GMR has said it will deduct revenue received from collecting a US$25 (Rf385.5) Airport Development Charge (ADC) from every passenger departing on an international flight from the concession fee to be paid to the government.

GMR informed Maldives Airports Company Limited (MACL) last Thursday of its decision. MACL officials had not responded to inquiries at time of press.

GMR planned to begin collecting the ADC at midnight on January 1 this year as per its contract with the Maldives government. Revenue was expected to amount to US$25 million (Rf385.5 million) in 2012, and would be put towards the ongoing development of Ibrahim Nasir International Airport (INIA).

However, a Civil Court ruling in December blocked the ADC on the grounds that it was identical to an existing Airport Services Charge (ASC) of US$18 (Rf277.56). The company’s shares on the Mumbai stock exchange subsequently fell 7.57 percent, India’s Economic Times reported.

The government subsequently appealed the case to the High Court. Meanwhile, GMR is not collecting the ADC.

Economic Development Minister Mahmoud Razee said that the concession agreement between GMR and the government assured each party a certain level of income.

“Because the ADC was included as revenue, until the matter is resolved any money that was going to be received from the ADC should be deducted from what GMR owes the government,” Razee explained.

Razee said that the Ministry of Finance will work with GMR and the government to resolve the matter, adding however that much of the decision rests on a verdict from the High Court.

He added that the related Amendment of Collection of Airport Tax (international travelers) Act 7/78 Bill is also before the Parliament, which is currently in recess until March.

Razee was optimistic about the outcome, however far in the future.

“The contract between the government and GMR allows for certain changes which are mutually respected and agreed upon by both parties,” Razee observed. “They will reach a win-win situation, even if some revenue is lost.”

GMR previously noted that the payment of a development fee was “a common concept in many airports globally”, particularly as a part of concession agreements where airports are privatised.

“The reason for the inclusion of ADC in many global concession agreements is to address the funding needs to meet the investment model required to upgrade and develop new airport facilities at significant costs,” GMR stated.

The company further claimed that the charge was included in the concession fee proposed between GMR and the government in 2010.

Meanwhile, in April India’s Supreme Court ruled against the charging of airport development fees which are not approved by India’s Airport Economic Regulatory Authority (AERA). However Delhi airport, developed by GMR, continued to charge the fee as GMR had obtained permission to collect the sum in 2010.

Speaking at the groundbreaking ceremony for INIA’s new terminal on December 19, President Nasheed said he wished to assure GMR that the government was “200 percent behind your contract, and every single other contract the government has signed with any other foreign party in this country. Not just contracts signed by our government, but also contracts that any ruler of the Maldives has signed with any party. We will honour it.”

The public response has not been so positive. Following GMR’s closure of duty-free shop Alpha MVKB, company CEO Ibrahim Shafeeq organised a protest under the slogan “Go GMR Go!” The protest was held on the grounds that the company was “demonstrating our opinions and dislike of what GMR has done to us and to get public responses,” Shafeeq told Minivan News at the time.

Kulhudhuffushi-South Independent MP Mohamed Nasheed also proposed an amendment to the Business Registration Bill in a bid to reserve airport shops and services for local ownership and “clip GMR’s wings”.

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Police arrest five suspects in Addu City gang rape

Police have arrested five suspects for allegedly gang-raping a 17 year-old girl in Addu City after midnight last night.

A police spokesperson told Minivan News that the incident occurred at about 1.00am.

“Police received information about the incident at about 1.50am,” he said. ”Police are now investigating the case.”

In addition to two minors aged 17, the other three suspects were aged 19, 20 and 23, police said.

According to local media reports, the victim was abducted and taken to an abandoned house while she was on her way to work.

Newspaper Haveeru reported that a man who drove her to work was involved in the rape and took her to the abandoned house.

In a similar case reported in Addu City during November’s SAARC summit, a police officer was arrested on charges of raping a married woman with two other men.

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