Reeko’s 3 islands up for sale over failure to pay loan

1 month ago

Bank of Maldives (BML) has announced the sale of three islands in Laamu Atoll belonging to former deputy parliament speaker Moosa Manik (Reeko)’s company, Heavy Load Maldives Private Limited, developed as resorts following the company’s failure to repay a loan withdrawn from the Bank. The three islands announced for sale are: Fares Kuda Fares Boduhuraa The Bank is presently accepting bids from parties interested in