Police and Anti-Corruption Commission investigators raided Road Development Corporation offices on Tuesday, conducting a search of nearly 12 hours and leaving with files and documents. The investigation concerns transfers of more than MVR 13 million in petty cash into personal accounts of RDC employees, which the company's Managing Director says were site deposits for company worksites.
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.
They took a lot of documents… The office was very cooperative [with the investigation],
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transfers of the company's petty cash, in amounts totalling more than MVR 13 million, into the personal accounts of some RDC employees
Word for word from the report in Maldives Republic. Open the report
conducting an extensive search of the premises that lasted nearly 12 hours.
Word for word from the report in Maldives Republic. Open the report
RDC employees worked at 30 sites and each site received monthly deposits of MVR 10,000 as petty cash.
Word for word from the report in Maldives Republic. Open the report
each site received monthly deposits of MVR 10,000 as petty cash
Word for word from the report in Maldives Republic. Open the report
RDC has denied allegations of wrongdoing and filed a civil suit against media outlets reporting on this matter, as Managing Director Ali Manik insists the money was earmarked for company worksites in the form of petty cash.
Word for word from the report in Maldives Republic. Open the report