Monday 22nd Jul 2024
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Addu City

MVR 1.1 Billion Infrastructural Project Granted to BJP Donor

The Indian company, Afcons Infrastructure Ltd., who had been awarded a contract to develop a water drainage system in Addu City had donated 15 million Indian Rupees towards Narendra Modi's 2014 campaign.
MyNeta.Info, an organization that works for increased "transparency of Indian political parties", had published data on all of the donations received by India's ruling party, the BJP, between 2014 and 2015. According to the data, Afcons Infrastructure Ltd. had donated more than 15 million Indian Rupees to the BJP.
Addu City's projects were handed over to Afcons Infrastructure Ltd. for an agreed-upon bid-value of MVR 1.1 billion. The projects are to be completed within 730 days. Director General of the Planning Ministry, Fathimath Shana, signed the bid agreement on behalf of the Maldivian government.
Director of Operations, Ravi Prakash, signed on behalf of Afcons Infrastructure Ltd.

The project is being funded by a USD$ 800 million loan from India's EXIM bank.

Opposition voices have said that many Indian projects in the Maldives were "rewards" granted by the ruling BJP to their election donors. Others have accused these projects of being fronts for money-laundering operations, as well.