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