Broadcasting Commission did not receive MVR 30.5 mn: Audit
A compliance audit of the dissolved Maldives Broadcast Commission (BroadCom) revealed that it did not receive its yearly funding of MVR 30.5 million as per financial statistics. The commission did not prepare a 2024 yearly report due to a server issue, preventing verification of funds received up to 2024. According to the Ministry of Finance's SAP system, BroadCom received MVR 7.45 million in 2024 from cable television fees, telecommunication license fees, penalties, and other sources. The Auditor General recommended safeguarding financial documents and securing owed funding. The government has since merged BroadCom and the Media Council into the Maldives Media and Broadcasting Commission.
A compliance audit of the dissolved Maldives Broadcast Commission (BroadCom) revealed that it did not receive its yearly funding of MVR 30.5 million as per financial statistics. The commission did not prepare a 2024 yearly report due to a server issue, preventing verification of funds received up to 2024. According to the Ministry of Finance's SAP system, BroadCom received MVR 7.45 million in 2024 from cable television fees, telecommunication license fees, penalties, and other sources. The Auditor General recommended safeguarding financial documents and securing owed funding. The government has since merged BroadCom and the Media Council into the Maldives Media and Broadcasting Commission.
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A compliance audit of the dissolved Maldives Broadcast Commission (BroadCom) revealed that it did not receive its yearly funding of MVR 30.5 million as per financial statistics. The commission did not prepare a 2024 yearly report due to a server issue, preventing verification of funds received up to 2024. According to the Ministry of Finance's SAP system, BroadCom received MVR 7.45 million in 2024 from cable television fees, telecommunication license fees, penalties, and other sources. The Auditor General recommended safeguarding financial documents and securing owed funding. The government has since merged BroadCom and the Media Council into the Maldives Media and Broadcasting Commission.
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