HC suspends USD 22.78M payment to Yacht Tours

4 months ago

The High Court, on Thursday, issued an injunction to suspend the implementation of a Civil Court ruling against Allied Insurance to pay USD 22.78 million (MVR 351 million) as compensation to Kaashidhoo MP Abdulla Jabir’s Yacht Tours. Yacht Tours sued Allied over lack of compensation for extensive damages to water villas in H. A. Alidhoo – a resort leased to Yacht