Politics

Defence Ministry audit reveals MVR6.78 million worth unlawful purchases

22 Jan 2014, 7:10 PM
Ahmed Rilwan
The Ministry of Defence and National Security audit report for the year 2011 has revealed that the ministry unlawfully purchased goods worth MVR6.78 million through Maldives National Defence Force’s (MNDF) cooperative society SIFCO.
The report states that MVR4.7 million worth goods were purchased through SIFCO, contrary to article 8.14 of state finance regulation which states that goods and services below MVR25,000 should be purchased only after reviewing proposals from at least three interested parties, and with an official written justification for the choice made.
It also said MVR2 million worth goods were purchased against article 8.15 of the regulation, which states goods and services above MVR25,000 should be purchased through a publicly announced competitive bidding process.
The auditor general (AG) recommended action against responsible persons as per the Public Finance Act

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