The deputy president of Addu Development Committee has urged against employing the Addu International Airport issue as political tool.
The deputy of Addu Development Committee Mr Ahmed Shareef made the statement in light of State Trading Organization (STO) preparing to transfer its shares at the airport company to Maldives government.
Meanwhile, Shareef further noted that the shares released from STO must be sold to the people of Addu City adding, skilled and experienced individuals should be appointed in managing the international airport.
STO held shares worth MVR40,000,000 with a face value of MVR1,000 per share for 40,000 ordinary shares.
Formed in 2011, the Addu International Airport consists of 50% shares of Maldives government with 10% each retained by both STO and Maldives Airports Company Limited (MACL).
In addition to this, renowned local businessman Hussain Afeef's (Champa), Casa Holdings own the remaining 30% of shares.
