Maldivian Tycoon Criticizes Resorts for Paying Service Charges in Local Currency
MALE’, Maldives — Qasim Ibrahim, a prominent businessman and leader of the Jumhooree Party, has publicly condemned the decision by some resorts to pay service charges to employees in Maldivian Rufiyaa (MVR) instead of U.S. dollars, calling it unfair and potentially illegal. Qasim Ibrahim, commonly known in the Maldives by his first name, who previously served as Minister of Finance and Treasury, Minister of Home Affairs, and Governor of the Maldives Monetary Authority, contends that this practice violates workers’ rights and may contravene the country’s Penal Code. In a recent statement shared on social media, Qasim highlighted the implications of … Continue reading Maldivian Tycoon Criticizes Resorts for Paying Service Charges in Local Currency
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