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Audit flags MVR 136.5 million in unrecovered advances on cancelled projects
A compliance audit by the Auditor General's Office found procurement and payment irregularities across 634 projects by the Ministry of Infrastructure, Housing and Urban Development from 2019 to 2023, with total expenditure of MVR 23.06 billion. The report found MVR 136.5 million of advances paid for 25 cancelled projects remained unrecovered as of July 2026.
Sources1carried itOO1 of 19 news outlets we monitor
Figures10as written, with their sentences
One outlet so far Only One Online has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
What happened
in order; days are read from the reports' words and dates
Wed 26 AugThe Government handed the Kulhudhuffushi housing project to the Housing Development Corporation (HDC).26 Augustonly One OnlineThe current Government subsequently handed the project to the Housing Development Corporation (HDC) on 26 August.
Word for word from the report in One Online. Open the report
Sun 15 NovThe compliance audit report was released.15 Novonly One OnlinenewestA compliance audit report released today highlighted several issues
Word for word from the report in One Online. Open the report
How the reporting differs
one source so far
One OnlineNews outlet
Audit flags MVR 136.5 million in unrecovered advances on cancelled projects
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Figures in these reports
as written, with the sentence they come from
634 projectsprojects auditedOne Onlineirregularities in 634 projects undertaken by the Ministry of Infrastructure, Housing and Urban Development between 2019 and 2023
Word for word from the report in One Online. Open the report
MVR 59.35 millionautomated parking systems project valueOne Onlinea MVR 59.35 million project to install 20 automated parking systems in Malé and Hulhumalé
Word for word from the report in One Online. Open the report
MVR 136.5 millionunrecovered advances on cancelled projectsOne OnlineMVR 136.5 million, representing 76 per cent of MVR 180.2 million paid as advance payments for 25 cancelled projects, remained unrecovered as of July 2026
Word for word from the report in One Online. Open the report
MVR 180.2 millionadvances paid for cancelled projectsOne Online76 per cent of MVR 180.2 million paid as advance payments for 25 cancelled projects
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MVR 65.99 millionadvance paid for Kulhudhuffushi housing projectOne OnlineOf the MVR 65.99 million paid in advance, 90 per cent remained unrecovered.
Word for word from the report in One Online. Open the report
90 per centshare of Kulhudhuffushi advance unrecoveredOne OnlineOf the MVR 65.99 million paid in advance, 90 per cent remained unrecovered.
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18.74 per centwork completed on Kulhudhuffushi housing projectOne OnlineThe contract was terminated after only 18.74 per cent of the work had been completed.
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MVR 63 millionadvance paid for Fenaka-assigned projectsOne OnlineOf the MVR 63 million paid in advance for these projects, MVR 51.8 million remained unrecovered.
Word for word from the report in One Online. Open the report
MVR 51.8 millionunrecovered advances on Fenaka-assigned projectsOne OnlineOf the MVR 63 million paid in advance for these projects, MVR 51.8 million remained unrecovered.
Word for word from the report in One Online. Open the report
MVR 112.33 millionadditional cost to complete reassigned projectsOne Onlinethe Government had incurred an additional MVR 112.33 million to complete projects after transferring them to other contractors
Word for word from the report in One Online. Open the report