AG Hits Back at Yameen Over Long-Term Land Lease Controversies

Attorney General Ahmed Usham has hit back at criticism from former President Abdulla Yameen over the government’s plan to lease land in the Ras Malé development project for 99 years, pointing out that long-term 99-year leases were first introduced into Maldivian law during Yameen’s own administration. The political dispute follows sharp criticism from Yameen and opposition figures, who argued that granting a 99-year lease on 500 hectares of land to the Abu Dhabi-based property developer Eagle Hills was tantamount to selling off national territory. The proposed $20 billion waterfront marina development represents one of the largest foreign investment ventures targeted … Continue reading AG Hits Back at Yameen Over Long-Term Land Lease Controversies