Anti-Corruption Commission investigators entered Urbanco's headquarters in Hulhumalé on Tuesday to check whether the state-owned company violated the commission's directive to halt commercial land transactions during the government transition. The entry followed suspicion that Urbanco proceeded with a long-term lease of Farukolhufushi in Hulhumalé Phase II, and the ACC has not yet commented officially.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
In response to concerns raised by the Office of the President-Elect regarding commercial land transactions in Hulhumalé, the ACC instructed Urbanco on October 30 to halt such activities during the government transition.
Word for word from the report in Maldives Republic. Open the report
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the Office of the President-Elect said it had received information that 40 items, related to the long-term leasing of land, had been tabled for consideration at Urbanco’s next scheduled board meeting
Word for word from the report in Maldives Republic. Open the report