Maldives state face MVR108 mln in losses on first half of 2018

Anti-Corruption Commission (ACC) of Maldives on Tuesday has revealed that the state government has made a loss of MVR108 million for the first half of 2018.

The outstanding payments were investigated and filed for prosecution by the commission; spanning the the period of January 2018 to June 2018.

According to the publicized statistics of the commission, a total of five cases of illicit profiteering have been investigated with three individuals facing nine separate prosecutions.

ACC states the total number of cases filed for prosecution amount to MVR130,280,223 out of which MVR108,749,100 needs state reclaiming.

Compared to the first half of 2017 the number of cases investigated and filed for prosecution seeking monetary reclamation in 2018's same period increased significantly.