ACC links 99.9% graft money recovery to state-owned firms
According to the figures, state-owned firms need to recover MVR 50،345،542 lost to corruption which is 99.9 percent of the total amount.
Top Stories
-
Complaint filed with JSC over judge’s remarks on defence lawyer
-
Court orders 5-day remand for MP Zakir over fishermen’s protest
-
Chinese firm awarded MVR 91.8M Hulhumalé road works contract
-
Malé mayor says council audit findings sent to ACC, police
-
Yameen accuses president of failing to deliver on promises
Summary
According to the figures, state-owned firms need to recover MVR 50،345،542 lost to corruption which is 99.9 percent of the total amount.
Anti Corruption Commission (ACC) has revealed that 99.9 percent of funds involving corruption need to be recovered from state-owned companies.
According to last year's figures released on Tuesday, the commission had ordered various state bodies to recover graft linked money in 10 separate cases.
-
Total amount needed to be recovered: MVR 50،370،521.75
-
Total amount recovered: MVR 234،531.57
ACC said nearly the entire amount has to be recovered by state-owned companies.
According to the figures, state-owned firms need to recover MVR 50،345،542 lost to corruption which is 99.9 percent of the total amount.
From the amount that needs to be recovered by state-owned companies, only MVR 181،352.15 have been recovered thus far which amounts to only 0.3 percent of the total figure, ACC said.
