BML to sell mortgaged property of former Defence Minister

Bank of Maldives (BML) has announced that it will be auctioning off the mortgaged land Araaroot Villa in Maafannu ward – a property owned by former Defence Minister Tholhath Ibrahim Kaleyfaan, and his brothers Ahmed Hashim, Mohamed Habeeb and Abdulla Shah Ibrahim Kaleyfaan.

The Bank stated that the property has been put up for sale due to the failure of Tholhath and his brother to pay back a loan of 6.6 million rufiya (USD 427740) taken from the bank.

The Civil Court ruled in September that BML can sell the mortgaged property if the loan is not paid back in a period of three months.

According to BML, proposals to purchase the property must be submitted before 1330hrs on January 5, 2014. The highest bidder, on condition that the price stays constant for 5 consecutive days of bidding, will then be given a period of 10 days to complete the payment.

Should the highest bidder fail to pay in the given period, BML has the authority to either rebid the property or sell it to the second highest bidder.


Nasheed resigned “not under duress”: Defence Minister Tholhath Ibrahim Kaleyfaanu

Former President Mohamed Nasheed’s Defence Minister has claimed Nasheed was not under duress when he resigned from office, local media reported.

Speaking to the Committee on Government Accountability at the People’s Majlis, Tholhath Ibrahim Kaleyfaanu said that he did not believe “anyone” could have posed a threat to Nasheed’s life while he was in the Maldives National Defence Force (MNDF) headquarters, local media reported.

The comments were made in relation to the Committee on Government Accountability’s study into the Commission of National Inquiry (CoNI).

“From the beginning till the end, Nasheed was under full protection of the security forces. When he walked to the President’s Office, he was given a timeline to announce his resignation, but such a timeline did not mean that he had to, or that he was forced to resign.

“He did not have to resign, the circumstances did not become so grave that he had no choice but to resign”, Kaleyfaanu was quoted as saying in Sun Online.

Kaleyfaanu claimed that the situation became worse on February 7 due to Nasheed’s handling of the situation. He further alleged that Nasheed had begun commanding ordinary officers of the security forces in violation of principles of command, local media reported.