The Anti-Corruption Commission (ACC) has taken the decision to further investigate and raise charges against any staff at the Maldives Monetary Authority (MMA) that didn't take steps to prevent the corruption at MMPRC. The staff at MMA had the ability to detect and stop the money laundering efforts  that took place through corruption at Maldives Marketing and Public Relations Corporation, (MMPRC).

The ACC have noted that these investigations will be carried out under the case of State finances that have been transferred to SOF Pvt Ltd  and laundered through the corruption at MMPRC.

The Commission has said that the Financial Intelligence Unit (FIU) at MMA had received a Suspicious Transaction Report (STR) regarding funds transferred to SOF Pvt Ltd  in the case at MMPRC. The ACC have also said that STR Analysis Report submitted to the Financial Intelligence Unit showed that there were various exchanges that possibly indicate money laundering and financing terrorism.

ACC has said that while the STR report clearly stated the situation, there was no mention of forwarding the report to investigative authorities. The Commission also said that they have gathered sufficient evidence that the STR report had not been forwarded with due influence from certain parties. As such, the ACC have announced that they would conclude the investigation within this case at MMA as well as raise charges against responsible parties.

The Commission further added that a report regarding corruption at MMPRC had been sent to the authorities even previously. As such, according to the ACC, an investigation was conducted and a report, forwarded to the Prosecutor General’s Office on 10 August 2017.

The ACC also added that they had raised charges against those that carried out the sale of islands and lagoons illegally at MMPRC and sent these charges to PG office in 2017.

The ACC said that they had suspected that the board resolutions of MMPRC concerning sale of islands and lagoons had been forged. ACC added that due to the commission not being given the legal authority to conduct such an investigation, they had forwarded the case to Maldives Police Service in 2017, asking for the case to be investigated.

ACC also stated that the Commission had forwarded and informed any authorities or institutions that needed to be notified.

The Anti-Corruption Commission said that there are still various ongoing cases under investigation concerning the corruption at MMPRC.