Maldives Police Service has revealed the Managing Director of SeaLife Global Inc Private Limited Ahmed Moosa has been arrested from Sri Lanka.
Ahmed Moosa had fled the Maldives after taking advanced payments from several prospective flat buyers of a housing project which had been awarded to SeaLife Global. Interpol Red Notice was issued against Ahmed Moosa in April 2019.
It was revealed on February 22 that Ahmed Moosa has been arrested from Sri Lanka. However, no further details have been shared regarding the arrest.
SeaLife Global was contracted to develop 3,000 housing units in Hulhumale’ more than three years ago. However, it was later revealed the company was selected without assessing its capacity to conduct a project of this scale.
Although the apartments had never been built, the company took advanced payments from several prospective flat buyers, of which 203 people later charged the company in court to seek compensation.