GMR
Male International Airport Ltd (GMIAL), a part of the GMR group, has said it
will facilitate a smooth takeover of Ibrahim Nassir International Airport by
the Maldives Airport Company Ltd, effective Friday midnight, as per the orders
of the Court of Appeals, Singapore.
“GMIAL
has been assured that as a result of this takeover all its employees, suppliers
and other interested parties will not be put to any inconvenience. GMIAL
remains committed to finding a suitable solution to this situation,” GMR said
in a statement on Friday evening.
“We
are taking requisite steps to work out the compensation receivable from the
Government of Maldives, keeping in mind the judgment of the court and the
concession agreement dated June 28, 2010,” it said.
“All
actions as above are without prejudice to our legal rights and statements made
before various courts/tribunals where matters are currently being pursued or
likely to be taken up.”
http://www.thehindu.com/todays-paper/tp-national/well-ensure-smooth-takeover-gmr/article4176817.ece
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