MPL chairman and son ordered to repay loan to MCB

2 weeks ago

The Civil Court of Maldives has ordered Mubaah Mohamed Zaki, son of Maldives Ports Authority (MPL) chairman Mohamed Zaki (Nazaki Zaki), to repay a loan taken under the guarantee of Mohamed Zaki. The court ordered the pair to repay the loan taken from the Mauritius Commercial Bank (MCB) in a verdict issued on December 4. The medium-term loan from the bank