Probe on over fuel theft, money laundering at FSM
The investigation follows the resignation of FSM’s Managing Director, Ismail Suhail, late last month.
Employees of Fuel Supply Maldives (FSM) are under investigation for alleged oil theft and laundering of the proceeds, according to Homeland Security Minister Ali Ihsan.
In a post on X on Sunday, Ihsan confirmed that authorities are actively pursuing the case. He also outlined the progress made so far, including:
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Searches conducted at 10 individuals, two residences, and two oil barges.
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Recovery of electronic devices and documents related to the investigation.
The investigation follows the resignation of FSM’s Managing Director, Ismail Suhail, late last month.
No further details regarding the resignation or its connection to the ongoing investigation have been disclosed.
