Addu City, Maldives – Asian Academy of Aeronautics (AAA) has started selling their assets even as the now defunct flying school refuses to refund students their course fees and other payments.
According to the Addu Aviation Academy (AAA) Students Union, the majority of the 170 students enrolled in AAA have repeatedly requested for refunds amounting to USD 2,000 to 5,000 per student.
AAA has failed to refund the students approximately MVR 6 million. The Attorney General recommended AAA students file civil lawsuits in 2021.
Multiple students have filed a lawsuit against the flying school formerly located in Addu City, with the plaintiffs submitting documents stating that the AAA bank account had MVR 4.8 million at the end of 2020.
The lawsuit by the students states that AAA must not be able to sell their business or change the rights of the business or get registered under a government authority, unless they have paid the amount decided by the court.
However, there has been no progress in the case.
Even as the government has found no solutions for the students in terms of the financial loss, AAA proceeds to sell assets and are in the process of removing the flight school planes from Addu City.