Embassy of Saudi Arabia in the Maldives have said that the rumors in the media about Saudi trying to buy an atoll in the Maldives are false.
A statement issued by the Saudi Embassy said that the Saudi government has no intention to buy an atoll, island or land in Maldives to run a major protect and they do not even want to run a project under that condition.
The Saudi Embassy said that while such allegations were being made in the media, the embassy expresses concern that no attempt was made to contact the Saudi Embassy to get a response and is sadden by it.
While the Saudi Embassy has made such a statement, the Maldivian government has also denied the allegations made by the oppositions about selling the Faafu Atoll to the Saudi government. President Abdulla Yameen Abdul Gayoom previous said that major investment is going to come to the Faafu atoll.
The President then said that it would be a ten-billion-dollar project and there is no need to question the investment coming to the atoll. President Yameen said that the project in Faafu Atoll would be a revolution to Maldivian tourism.