Watchdog rules out corruption in sale of luxury flats to state officials
“It must be noted that the government provided the opportunity to buy the flats for MVR1.6 million (US$103,761), when the government paid over MVR938,000 (US$60,830),” the ACC explained, stressing that the flats were sold for a profit of MVR600,000 (US$38,910).
03 Jan 2016, 9:00 AM
The anti-corruption watchdog has ruled out corruption in the sale of luxury flats to Supreme Court justices and the heads of independent institutions.
Following an investigation, the Anti-Corruption Commission said in a statement on Thursday that the Rehendhi flats were sold in accordance with procedures and criteria set by the president’s office.
“It must be noted that the government provided the opportunity to buy the flats for MVR1.6 million (US$103,761), when the government paid over MVR938,000 (US$60,830),” the ACC explained, stressing that the flats were sold for a profit of MVR600,000 (US$38,910).
In line with the criteria, the ACC also noted that none of the buyers owned land in the capital. The commission suggested that the corruption allegations stemmed from the government’s failure to publicise details of the procedure and criteria for awarding the flats.
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