The committee met with senior officials of the State Trading Organization (STO) regarding allegations of fuel theft and money laundering involving FSM employees.
Parliament's Public Accounts Committee has held a closed-door meeting with Fuel Supply Maldives (FSM) to address allegations of corruption within the company.
The committee met with senior officials of the State Trading Organization (STO) regarding allegations of fuel theft and money laundering involving FSM employees.
Proposal to hold the meeting privately was submitted by Baarah MP Ibrahim Shujau and supported by Hanimaadhoo MP Abdul Gafoor Moosa.
The matter was also discussed during a previous committee meeting on Monday.
The police are investigating 10 FSM employees accused of stealing fuel from the company and laundering the proceeds. Several locations have been raided in connection with the case.
A similar case, this time of misappropriation of funds, had come to light earlier as well, when last January, Police said they had received evidence that Maldives Ports Limited (MPL) had issued payment for 119 fuel delivery orders that MPL had not received to FSM.
At the time, Police said that investigations had revealed that a number of staff from both MPL and FSM had misappropriated total funds of over MVR 6.7 million.
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