Prosecutor General’s Office (PG Office) has sent a case to the Criminal Court to indict the former Vice President of the Maldives, Abdulla Jihad.
It is a case investigated by the Presidential Commission for Asset Recovery and sent to the PG Office. The former Vice President is being accused of acting in way that does not benefit the state in relation to the development of Kaafu Atoll Fushidhiggarufalhu as a special tourist zone.
The PG Office said that on 29 November 2011, the Cabinet decided to form a joint venture with 50 percent share of the government to develop Fushidhiggarufalhu as a special tourist zone under the advisement of the National Planning Council. The decision stated that the government does not have to invest anything in that project and the receive rent for the land.
However, as then Finance Minister, Abdulla Jihad, with no reason to do so, signed an agreement with Prime Capital Maldives on 13 January 2013 with 25 percent of government share as opposed to 50 percent, according to the PG Office.
This decision took away a potential benefit to the Maldivian people and from the land fee alone, took away USD 6 million, said the PG Office, and that is without the deduction from the profits since the shares dropped from 50 percent to 25 percent.
The case against the former Vice President was sent to the Anti-Corruption Commission (ACC) on 29 August 2013 however, the ACC then found no evidence of corruption.
PG Office said that despite the ACC decision, the case has a chance of corruption and so a request was made at the Asset Recovery Commission to look into it.