ACC sends case of STO’s former MD to PG’s Office

The Anti Corruption Commission (ACC) have yesterday sent a case against State Trading Organisation(STO)’s former Managing Director, Mohamed Hussein Manik to the Prosecutor General (PG)’s Office.

ACC sent the case to PG’s Office saying that STO’s former MD, Mohamed Hussein Manik allegedly gave Rf15,365,991 to Yacht Tours to buy dollars for STO after keeping a cheque of Yacht Tours.

ACC said that a case of corruption was filed with them alleging that STO favoured a certain party in providing Yacht Tours with money to get dollars for STO. ACC said that after investigation the case, the commission found that STO gave Rf15,365,991 which is an equivalent sum of US$1,300,000 under the pretext of getting US dollars from Yacht Tours.

ACC said that they understand that STO gave the amount to Yacht Tours as a loan for the latter to purchase shares of Emerald Resort Private Limited, in order to buy Olhuveli Resort.

ACC sent the case to PG’s Office saying that this was done under the authority of the then Managing Director of STO, Haa Alif Kelaa Meyvaage, Mohamed Hussein Manik (M.A Moodhuvina) by taking advantage of his position.

Regarding the matter, Abdullah Jabir, speaking on behalf of Yacht Tours told Miadhu Daily that Yacht Tours is not the only company that STO paid in advance in order to buy dollars.

“I am Lolly Jabir. I achieved this status with my hard work. It is not today that people should start to defame me and my company,” he said.