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Yacht tours to be compensated

Local News DO

Male' - Yacht Tours Maldives who have long campaigned over the disqualification of their bids for Vilivaru and Biyaadhoo resorts in Male' Atoll over 3 years ago are finally going to be compensated reports say. A special team setup by the Dictator has apparently concluded that Yacht Tours bid for Vilivaru was unfairly disqualified hence a fair compensation package is to be offered to them. According to sources within the cabinet, Yacht Tours will be awarded an island to develop a resort as well as an interest free loan for the project, which could be in the region of 10 million dollars. Sources close to Yacht Tours however are not reportedly overjoyed by the prospects as they feel that they ought to have won both islands, Vilivaru and Biyaadhoo. "Even 4 islands from the North or South of Maldives could not be equalled to the business potential of 2 islands located in South Male' Atoll (referring to Vilivaru and Biyaadhoo). So, we shall wait and see how fair this compensation package is going to be," said a source close to Yacht Tours group. "And, not to forget, what about the potential earnings from those projects?" he added further.

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