The process of terminating the agreement between Maldives Media House and the National Social Protection Agency (NSPA) has begun. In a statement released today by NSPA, it was stated that as the ‘Mukai Suites’ building operated by the agency has been ordered to be vacated for renovations, the Ministry of Finance opened a tender to find a new location for the agency to operate. Following the established rules and procedures, the contract was awarded, and floors of the building obtained for operations were leased from Maldives Media House.
Regarding this transaction, the statement said that due to the spread of false information through various media outlets, aimed at devaluing and defaming the company, which has caused significant material and moral damage to the company, they have proposed to terminate the agreement. “Therefore, after consulting with the Ministry of Finance regarding this matter, this agency has decided to terminate the agreement,” the NSPA statement said.
The NSPA statement said that further necessary transactions related to this matter and the procedures to be completed after terminating the agreement are being carried out under the guidance of the Ministry of Finance. Following the agreement between NSPA and Maldives Media House, media outlets have been alleging that the place was leased to operate ‘MM TV’ and that NSPA has been paying the rent for it.
