MITDC spent MVR 52 million, no projects completed

The audit report revealed major financial issues within MITDC's operations.

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A project of MITDC --

Ameera Osmanagic

2024-12-17 19:04:36

Maldives Integrated Tourism Development Corporation (MITDC) has started three projects at a cost of MVR 52.35 million in recent years, but none of them have been completed, Auditor General's Office said.

According to MITDC's special audit report, the company was established in 2016 during the administration of former President Abdulla Yameen to further develop and promote mid-range tourism in Maldives. By the end of President Ibrahim Mohamed Solih's administration, a total of three projects were started, the report said.

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