Dh. Konotta Island has been secured by Maramiyya Group International

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Dh. Konotta Island has been secured by Maramiyya Group International

April 23, 2008 by zaater

Gaafu Dhaal Atoll Konotta has been acquired by Maramiyya Group International; this island was to be developed as a 225 bed tourism resort.

In Maldives where the economic wealth of the nation is in the hands of less than 1% of the population, Maramiyya Group seems to be investing an awful lot of money.

“The owners of the Island needed money, and we wanted another resort. It was a fair deal in every possible way”, said Chief CEO who declined to give away the actual figures of this transaction.

Maramiyya Group manages half of the resorts it owns. The management of the other half are leased to international hotel chains such are W Hotels, Hilton, Arab World and Kerzner Intenational. Chief CEO’s wealth will increase by quarter of a Billion Dollars with this deal, breaking his previous record.

Posted in For general exhibition, Maldives, business, charity, investments, maramiyya, resorts | Tagged Biyadhoo Island Resort, Corruption at Maldives Customs Service, Gaafu Dhaal Atoll, Konotta, Maldives, President of the Maldives, President's Office | 6 Comments

6 Responses to “Dh. Konotta Island has been secured by Maramiyya Group International”

on April 23, 2008 at 4:26 am1 Ali Naufal

Yes, I heard the negotiations went very good in Berlin. Chief CEO used his girls to make the price justifiable.
on April 23, 2008 at 8:35 am2 Aragon_jr

please build a 10 star hotel
on April 25, 2008 at 9:21 pm3 ahmed

http://www.youtube.com/watch?v=Q2lFJiSQeJM
on May 1, 2008 at 9:12 am4 Darjeeling

Will you be selling lollies as planned by the previous management?
on May 16, 2008 at 8:02 pm5 pcsolotto

Nice blog. Thats all.
on July 22, 2008 at 11:18 am6 syed

Chief CEO is Ok. Done deal over.

Sultans of the Seas CEO is sleeping nude 24 hours at Reethi Rah with the Chairman of the Group. Banks are searching him for monies what he borrowed to spend for his CEO’s fun in overseas.
Chairman is hiding from the banks. And he is all the time with his CEO at Reethi Rah, drinking and screwing ONLY