The ACC Report regarding the TMA-MACL issue has revealed attempts of corruption by the previous government.
The previous Government’s deal proposed leasing 31000 sqm to TMA for 15 years and was discussing a reduced rate of $7/sqm.
President Solih has proposed to lease 6400 sqm at $10.35/sqm for 2 years, after which MACL will take over operations.
MACL is to complete all preparations to become the sole operator of the seaplane terminal within 2 years.
AG Hassan has confirmed that President Solih’s decision to lease the terminal to TMA for 2 years is legally sound and effective.
TMA, Maldives’ largest and oldest seaplane operator, had expressed displeasure at the new Government’s deal.