National airline of the Maldives, Maldivian has announced the decision to suspend the credit facilities extended to 43 parties by the airline until further notice.
In a memorandum issued to staff members by the company, the company stated that the temporary suspension is with immediate effect, due to the parties’ having long overdue accounts.
These parties include government offices, state owned enterprises, hospitals, resorts, private companies, international organisations, as well as local sports associations. Some of these parties owe the airline millions, according to local sources.
Leave a Reply