PG orders expedited investigation into MVR 44 million given to Ali Hameed's company

The Prosecutor General's Office (PGO) has ordered Police to expedite the investigation into the issuing of MVR 44 million to former MP Ali Hameed's North Coast Construction (NCC) company for a project which was awarded to the company.

The NCC was awarded the contract in September 2016 to construct a six-storey building for Aasandha. It was a MVR 61 million project. It was estimated at the time that the project would generate MVR 18.3 million at a profit margin of three percent for NCC.