Health insurance company funded jogging track
Aasandha also gave US$12,300 to the former first lady’s charity.
07 Aug 2019, 9:00 AM
Hassan Mohamed
Aasandha spent MVR9.5 million (US$615,000) on a jogging track and funded camps organised by former first lady Fathmath Ibrahim’s charity foundation, the government health insurance company’s top officials alleged on Tuesday.
Ibrahim Rasheed, assistant managing director, told lawmakers on parliament’s state-owned enterprises oversight committee that the new management has uncovered several cases of illegal expenditure sanctioned during the former administration.
Under the guise of a corporate social responsibility project, Aasandha spent US$615,000 on a 700-meter synthetic jogging track at the Rasfannu beach in Malé, which was developed by the infrastructure ministry in 2016.
“The money was spent because the National Social Protection Agency told Aasandha through a letter to release the funds,” Rasheed tolds MPs.
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