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ACC Criticises Government’s Lacklustre Recovery of Misappropriated Funds

The Anti-Corruption Commission criticised government institutions and state-owned enterprises for failing to recover funds lost to misappropriation, saying recovery ordered last year has not been completed. It directed the recovery of over MVR 50.3 million, including MVR 40.4 million linked to MMPRC, MVR 8.4 million to MTCC and around MVR 1.3 million to FENAKA, and warned of legal consequences for those who fail to recover the funds.

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Sources 1carried it 1 of 19 news outlets we monitor
Figures3as written, with their sentences

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.

Who said what

the reports' own quoted words, each once

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • MVR 40.4 million funds linked to mass corruption and embezzlement involving MMPRC Maldives Republic This includes MVR 40.4 million linked to mass corruption and embezzlement involving the Maldives Marketing and Public Relations Corporation (MMPRC)

    Word for word from the report in Maldives Republic. Open the report

  • MVR 8.4 million funds associated with MTCC Maldives Republic MVR 8.4 million associated with the Maldives Transport and Contracting Company (MTCC)

    Word for word from the report in Maldives Republic. Open the report

  • around MVR 1.3 million funds lost through FENAKA Corporation Maldives Republic and around MVR 1.3 million lost through the utility provider, FENAKA Corporation.

    Word for word from the report in Maldives Republic. Open the report

Other events named

no clear day, as worded
  • The ACC's most recent review found the recovery efforts of government agencies and SOEs unsatisfactory. Maldives Republic periodically reviews the progress and efforts of government agencies and SOEs in retrieving lost funds, with its most recent review finding their efforts unsatisfactory.

    Word for word from the report in Maldives Republic. Open the report

Subjects

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Named in these reports

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