Committee probes MVR 14.6 million graft asset case linked to Daud
Daud received significant amounts of money despite having no known business interests or ownership of any registered company.
The Parliamentary Finance Committee has identified a case involving Assistant Commissioner of Police Mohamed Daud, who is alleged to have received funds linked to the MMPRC corruption scandal and acquired assets worth MVR 14.6 million.
Whistleblowers have also provided the committee with information concerning other alleged corruption cases within the Maldives Police Service.
A sub-committee has been established under the Finance Committee to investigate allegations related to the police, including the case involving Daud and the state-owned company POLCO. At a meeting held on Tuesday, Deputy Speaker Ahmed Nazim briefed the sub-committee on the details provided by whistleblowers.
Nazim said that between 2023 and 2024, Daud received significant amounts of money despite having no known business interests or ownership of any registered company. An analysis of his and his wife’s accounts showed that rental income from the property MA. Thalhamudhige had been deposited into their accounts since November 2016.
The committee noted that Daud does not own the house but is believed to have invested in its construction. The Finance Committee has sought further details regarding this investment.
According to information obtained by the committee, a real estate investment was made to develop a ten-storey building at MA. Thalhamudhige, involving businessman Hassan Thaufeeq, Daud’s wife, and former Assistant Commissioner of Police Ismail Habeeb. The investment was registered in the Civil Court, and the committee has received a copy of the registration record.
In addition, Daud is reported to have purchased an apartment in FW Residence for MVR 4.1 million, paid in ten cash instalments. The property was initially registered under a family member’s name and later transferred to Daud’s son.
Deputy Speaker Nazim told the committee that the combined value of the investments—MVR 10.5 million for the building and MVR 4.1 million for the apartment—amounts to MVR 14.6 million, which could be considered as unexplained wealth.
The Finance Committee also reviewed other cases brought forward by whistleblowers. Among these were claims that, during the tenure of former Police Commissioner Mohamed Hameed, a tender process for a project valued at MVR 66 million was cancelled after bids were opened and later awarded to a company through a single-source arrangement.
Another allegation concerns a catering agreement between POLCO and a private company that reportedly resulted in financial losses to both the private firm and POLCO.
The committee continues to review the information provided and has sought further documentation related to the cases.
