Funds deposited in RDC manager's account, police say
Atoll Times has learned that it was not the account of Moosa Ali Manik or Yasir.
By
Mariyam Umna Ismail
Funds were deposited from the main account of the Road Development Corporation (RDC) to one of their manager’s account and not to accounts belonging to the company’s managing director or Chief Financial Officer (CFO), police said Saturday.
In several media reports earlier this month, RDC Managing Director Moosa Ali Manik and CFO Yasir Hassan have been accused of embezzling RDC funds:
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Police are investigating an alleged transfer of MVR 13.8 million from the RDC's main account to Yasir's personal account
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The details of how the money was used after it was transferred to Yasir's account are unknown
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With the reports, police have announced that they are investigating a case related to the RDC
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Moosa Ali Manik denies the accusations
Police spokesperson, Chief Superintendent Yunus Sobah told Atoll Times on Saturday that police are investigating the transfer of money from the company's account to the account of an employee of the company. Work is now underway, he said, trace and confirm the transfers.
The funds were deposited, Yunus said, into the account of an RDC manager. However, he did not disclose who the employee was or how much money was deposited into his account as the investigation is still ongoing.
Although the police did not disclose which RDC employee's account the money was deposited into, Atoll Times has learned that it was not the account of Moosa Ali Manik or Yasir.
