Tuesday roundup: anti-corruption watchdog probes compensation payouts
A roundup of the day’s top stories.
15 Oct 2019, 9:00 AM
ACC announces probe of payouts
The Anti-Corruption Commission is investigating large sums paid out by the state as compensation for the cancellation of contracts under the previous administration.
In the first press conference since new members were appointed to the commission last month, ACC president Mariyam Shiuna said the probes were initiated by members but several complaints have also been lodged by members of the public. The watchdog has yet to take any action in relation to the cases, she added.
Finance Minister Ibrahim Ameer told parliament last week that the state has paid MVR1 billion as compensation since the current administration took office last November, including a US$18 million arbitration award to Nexbis, US$30 million payout ordered by Supreme Court to WLT and MVR7 million awarded by Supreme Court as damages for medical negligence.
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