The Edition


Auditor General denies granting extension on financial statement

01 November 2018, MVT 14:03
FILE PHOTO: Auditor General Hassan Ziyath during Maldives Accountants Forum 2017
01 November 2018, MVT 14:03

The Auditor General’s Office, on Wednesday, has issued a statement stating that Auditor General, Hassan Ziyath, did not grant the outgoing President Abdulla Yameen Abdul Gayoom an extension to submit pending financial statements.

The Auditor General’s Office further stated that the office does not have the authority to alter deadlines set for the submission of financial statements by the law.

The statement also highlighted that the office maintains confidentiality as direct communication takes place only with the individual who is to submit the financial statement.

However, investigative bodies are the only exception to this case.

Leading government officials must submit an annual financial statement which includes their income, assets and debts or profit of any businesses they run.

The Auditor General’s office assured that the office is giving utmost importance to attaining the pending financial statements.

Spokesperson for the President’s Office, Ibrahim Muaz Ali stated that the Auditor General had sent a letter to the President’s Office a few days earlier, giving the outgoing president an extension until the end of his term to submit pending statements.

This statement was made in the wake of the Anti-Corruption Commissions' (ACC) recommendation to review the outgoing president's failure to submit financial statements at the Public Finance Committee of the Parliament.