Anti-corruption watchdog seeks charges against ex-STELCO chief
The Anti-Corruption Commission sought charges against Abdul Shukoor, STELCO’s former managing director, and Mohamed Saleem, head of the finance department, over an MVR3 million (US$194,550) advance payment made to a private company that was not licensed for currency exchange
01 Aug 2017, 9:00 AM
The anti-corruption watchdog has asked the Prosecutor General’s office to press charges against two senior officials of the State Electricity Company over a transaction to buy dollars.
The Anti-Corruption Commission sought charges against Abdul Shukoor, STELCO’s former managing director, and Mohamed Saleem, head of the finance department, over an MVR3 million (US$194,550) advance payment made to a private company that was not licensed for currency exchange.
The managing director was responsible for ensuring that financial transactions comply with government regulations and company procedures, the commission said in a statement on Monday.
Following an inquiry, the ACC concluded that Shukoor and Saleem had abused their authority to provide unlawful benefit to a third party, an offence under anti-corruption laws.
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