Do not rule out role of foreign hand in Male crisis: GMR
- Congolese youth murder: Sushma steps in, says govt committed to safety of African nationals
- Bihar: Five arrested in murder case of journalist Rajdeo Ranjan
- LIVE: Pinarayi Vijayan all set to be sworn-in as Kerala chief minister
- Govt clearances faster but lack of promoter interest stalls projects
- Demand-driven boost to economy rides on rains, rural income, pay panel award
Days after it was unceremoniously thrown out of Maldives airport project, GMR Infrastructure today said involvement of a foreign country in Island nation's decision cannot be ruled out.
"I can't say that for sure. But, looking at the political situation and political framework in Maldives, I can't rule out anything," GMR Airports CFO Sidharth Kapur said.
He was responding to a query that whether GMR saw involvement of a foreign country like China in cancellation of its over $500 million contract to build and operate the Male airport.
Kapur, however, did not elaborate on the possibility of the involvement of foreign nation.
Maldives has refused to abide by a Singapore court decision that stayed the termination of GMR contract, and has said it will go ahead with its decision to takeover the airport by Friday.
GMR has so far refused to take Maldives' bait of compensation for the cancellation, saying it was in the nation for operating the airport and not for compensation.
Asked whether the company would appeal to the International Court of Justice, Kapur said, "We expect and appeal to Maldives government to honour international law."
GMR, he said, was still hopeful of an "amicable solution" to the crisis, but maintained that repeated attempts to get in touch with the Maldivian President are yet to elicit any response.
Kapur said the company was thankful for India's support to it since the beginning of the crisis and hoped New Delhi will "take everything possible from their armoury to ensure that something amicable comes out."
Asked whether the company tried to reach out to the main Opposition in Maldives, he said, "We have tried to speak to everybody so far. We are completely committed to the project."
GMR's problem over the Male airport started following the Maldivian government's termination of GMR's 25-year contract, which the company termed as "arbitrary". Maldives government has also directed GMR to hand over the project by Friday
- Increasing attacks on freedoms in between polls must worry us all
- Latest round of assembly polls did not see a BJP wave or a decimation of Congress
- India’s economic growth has been associated with premature industrial suburbanisation
- SC judgment on criminal defamation gives rise to a few obvious free speech concerns
- Supreme Court has rightly upheld criminal defamation law
- India’s democratic success is due to the EC, and the triumph of trust over cynicism