ADK

Singapore’s Fomento files case in Maldives to recover US$ 1.5 million from ADK Nashid

By Maldives Times November 22, 2017 1 min read

Singapore’s Fomento Associated Company has filed suit in Maldives Civil Court against ADK to recover a US$ 1.5 million loan. The loan was taken back in 2011, with a personal guarantee from ADK Company Chairperson Ahmed Nashid. The case was initially filed in a lower court in Singapore. In 2014, the court had decreed that […]

Aasandha health insurance suspension, a revenge strike?

By Marco Robinson May 8, 2017 5 min read

The original Dhivehi article was published on Mihaaru.com website on 7th May 2017. The following is a loose translation: If looked at it in any angle, the overnight suspension of Aasandha (universal health insurance scheme of the Maldives, managed in partnership with Allied Insurance Company) from private medical providers is beyond bewildering. Especially when the […]