Wednesday, 14 Oct 2020 05:27 AM MYTWZR executive director Wan Nadzir Wan Mohamad previously said that the company sought help from Wisma Putra as well as Foreign Minister Datuk Seri Hishammuddin Hussein to ensure it is paid by the Maldives state-owned company. — Picture by Shafwan Zaidon
“Since our client had given you an ample time to remit the payment, which you failed to pay to date, thus our client’s termination takes effect from the date of receipt of this Notice of termination. The agreement was for WZR to design, build and finance the 25-storey office complex for Maldives’ Ministry of Finance and Treasury.
Several days following the judgement, HDC altered its tone and repeatedly expressed its commitment to settle the owed payments and resume the contract with WZR, which it had breached after failing to make payments. They then cemented their point by highlighting in their termination notice that neither party had referred Wright’s judgement to an Arbitrator or disputed his decision, leaving his judgment as final and binding.
This despite an October 6 report by Maldivian news site Raajje TV that quoted HDC saying it was supposedly in talks with both WZR and arbitrators to try and reach an agreement between parties to proceed with the project.