Maldives Police Service has launched an investigation into a financial case linked to Road Development Corporation (RDC).
The case came to light after some media outlets reported MVR 13 million was transferred from RDC’s account to the company’s Chief Financial Officer (CFO) Yasir Hassan’s personal account.
The media outlets, in their reports, drew a link in the transaction to RDC’s Managing Director Moosa Ali Manik Mookey (Mookey).
Mookey has denied the allegations in a tweet in which he said no money obtained through theft has been deposited to a personal account.
“Transactions between two accounts will be traced. (I) believe it to be important to practice writing more believable stories than this while writing short stories,” he said.
Sun has learned that police are probing the case as that of an embezzlement and money laundering case.
Police, however, have yet to disclose any further information regarding the case. When questioned after the allegations came to light, police, in their only comment to the press, said they were investigating a case related to RDC.
Reliable sources confirm that the case was reported to the police by Maldives Monetary Authority (MMA)’s Financial Intelligence Unit (FIU).
Mookey and Yasir are close friends. Yasir had recently wed Mookey’s younger sister.