News In Brief
July 15, 2011

ACC clears Gasim of wrongdoing as finance minister

The Anti-Corruption Commission (ACC) has cleared former Finance Minister Gasim Ibrahim of wrongdoing in the leasing of ‘Red Crescent Six’ shop.
Haveeru reports that the commission had investigated a complaint alleging that the shop was rented out in violation of bidding rules.
While the investigation did not uncover any evidence of corruption, a statement from the ACC however notes that the lack of regulations governing leasing and renting of state property caused legal problems for the commission.
The statement reiterates calls for the Finance Ministry to amend regulations under the Finance Act to specify guidelines for leasing state property.

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