Maldives Police Service has stated that the money with respect to the financial case linked to Road Development Corporation (RDC) under probe by the authority was deposited from the company’s main account to the personal account of a managerial level staff.
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).
Police, back then, confirmed a probe was underway, however, did not disclose any further details.
Police Spokesperson, Superintendent of Police Yoonus Sobah briefing Sun on an update in the case on Saturday, said the money from the company’s account was deposited to the personal account of a managerial-level staff. However, he said the identity of the staff and the exact amount of money deposited cannot be disclosed at the time as the investigation is still ongoing.
“Have never said money was not deposited to the personal account of any persons complicit in the case. The investigation is underway without excluding any persons,” he added.
Sun has learned that police are probing the case as that of an embezzlement and money laundering case. Reliable sources confirm that the case was reported to the police by Maldives Monetary Authority (MMA)’s Financial Intelligence Unit (FIU).
Mookey has denied the allegations in a tweet in which he said no money obtained through theft has been deposited to a personal account.
Mookey and Yasir are close friends. Yasir had recently wed Mookey’s younger sister.