Maldives government officials could face travel bans and asset freezes.
A decision about the new party will be announced next week, the electoral body said.
There was a secret ballot during a Jumhooree Party meeting.
Moosa Rilwan said he had never been in a red car alleged to be connected with his brother's abduction.
Around 40 percent of the Maldives population lives in the capital.
Mohamed Nasheed said Saudi Arabia supported violent extremism in the Maldives.
The capital lacks a natural beach and its residents flock to suburb islands at weekends.
The audit flagged eight points, including unlawful spending.
TV stations could lose their licence if they break the rules.
The oil tanker was suspected of illegally supplying North Korea.
The money was not included in the state budget.
Raajje TV has been fined MVR1.7 million in the past 18 months.
The target market is the Middle East and Africa.
The housing minister made 'false and defamatory' remarks, according to the council.
The main opposition has five focus areas in its manifesto.
The takeover is the latest example of the government chipping away at the council's powers.
The veteran lawmaker was appointed in a unanimous decision by 791 delegates at the MDP's congress.