ACC's case has no basis, no info for investigation: Fayyaz

Former Economic Minister from the previous administration and MDP Chairperson Fayyaz Ismail stated today that the Anti Corruption Commission's (ACC) case against him has no basis.

Fayyaz was accused by the ACC of corruption in providing inadequate compensation to Swift Engineering, with him appearing before the ACC this morning for questioning. Upon exiting the office, he stated that the commission is looking into a case that has no basis.

"ACC's case has no basis. They have no details regarding the investigation even after they conducted it," said Fayyaz.

Fayyaz said that the ACC's investigation "makes no sense".

As per the ACC's summons, Fayyaz is accused of abusing his official position as a member of the Dispute Resolution Committee in 2019. Specifically, the ACC alleges he provided inadequate compensation to Swift Engineering and obtained an undue benefit for the company.

The commission further alleges that this action was detrimental to the state, resulting in a matter that should have benefited the state acting otherwise.

Swift Engineering is owned by Thinadhoo North district PNC MP Saudullah Hilmee.

Saudhulla stated that Swift Engineering being compensated with projects equal to its value was a huge benefit to the state during former President Ibrahim Mohamed Solih's administration.

While Fayyaz appeared at the ACC today, former Finance Minister Ibrahim from the previous administration made an appearance at the ACC yesterday.