President sets up commission for asset recovery
President Abdulla Yameen has formed a five-member commission by executive decree to oversee the recovery of state assets flagged as lost or stolen by the Auditor General’s office and the anti-corruption watchdog.
20 Jul 2017, 9:00 AM
President Abdulla Yameen has formed a commission to oversee the recovery of state assets flagged by the Auditor General’s office and the anti-corruption watchdog as misused or stolen.
Home Minister Ahmed Azleen was appointed as chair of the five-member State Assets Recovery Commission along with President’s Office Minister Mohamed Muhthaz, Khadeeja Hussain, Dr Ibrahim Mahfooz, and Mohamed Saleem.
Briefing the press at the president’s office Thursday morning, Attorney General Mohamed Anil said the commission is tasked with reviewing cases highlighted by the oversight institutions as well as the recovery efforts to date.
“The commission will have the discretion and power to send cases to the finance ministry where action is required to recover funds as well as to the Attorney General’s office to pursue civil litigation,” he said.
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