Public Accounts Committee

Public Accounts Committee's 22nd meeting for the year 2026

19 Oct 2026 Number M20/M/ML/2026/22

Summary

In today's meeting, the committee reviewed issues submitted by private individuals. In this regard, Funadhoo Constituency member Mohamed Mamdooh proposed Kelaa Constituency member Abdulla Shareef seconded:

 

  1. To share with the submitter the information provided by the Civil Service Commission and the National Pay Commission regarding the concerns raised over changes made to the salaries of legal professionals under the standards and salary revisions of the State Pay Framework; and,
  2. Regarding the issue submitted by staff of the Information Commissioner’s Office expressing concerns over the decision to discontinue their living allowance and to recover the funds already disbursed to them as living allowance
  • To instruct the Information Commissioner's Office to proceed with the recovery of the living allowance disbursed to its staff from the budget since 2024;
  • To request the Ministry of Finance and Public Enterprises to identify the parties involved in the decision to grant the living allowance, investigate them in accordance with the law, and take appropriate action against them; and,
  • To share the committee's decision on the matter with the submitter.

 

The proposal was passed unanimously by the members present and voting in the committee.

 

Additionally, the committee reviewed an issue submitted stating that the pension received for completing 20 years of service was terminated upon reaching 65 years of age. In this regard, Funadhoo Constituency member Mohamed Mamdooh proposed to share the information provided by the Civil Service Commission and the Maldives Pension Administration Office with the submitter. This proposal was seconded by Kelaa Constituency member Abdulla Shareef and was passed unanimously by the members present and voting in the committee.

 

Following this, information regarding the following loans was shared with the committee members:


  • Information regarding the sovereign guarantee issued by the Government for a USD 100 million Senior Term Credit Facility obtained by State Trading Organization (STO) from OQ Trading Limited (OQT) to arrange funds required for the company’s internal financing.
  • Information regarding the sovereign guarantee issued by the Government for a USD 25 million Sovereign Murabaha Financing Facility signed with the International Islamic Trade Finance Corporation (ITFC) to secure funding for goods imported by State Trading Organization (STO).
  • Information regarding the loan agreement signed between the Government of the Maldives and the Asian Development Bank (ADB) to borrow USD 50,000,000 (Fifty Million) required for the "Energy Security Emergency Assistance Project" to be implemented in the Maldives with assistance from the bank.
  • Information regarding the sovereign guarantee issued by the Government for Maldives Industrial Fisheries Company Limited (MIFCO) to secure a demand loan facility of USD 44,000,000 (Forty-Four million) and an overdraft facility of MVR 200,000,000 (Two Hundred Million) through the Bank of Maldives, to manage the company's cash flow requirements and repay loans obtained through SME Digital.
  • Information regarding the guarantee issued by the Government of Maldives for the facility signed by Maldives Airports Company Limited (MACL) with Vitol APAC Capital Private Limited (Vitol) to secure a facility of USD 28,000,000 (Twenty-Eight million).


Lastly in the meeting, the following letters received by the Committee were shared with the members:

 

  • Letter sent by the Auditor General's Office stating that it has obtained membership on the Board of the INTOSAI Development Initiative (IDI)—the capacity-building arm of the International Organization of Supreme Audit Institutions (INTOSAI)—for the first time.
  • Complaint submitted alleging that a senior official of Maldive Gas Private Limited has repeatedly violated ethics, governance standards, fiduciary duties, and conflict-of-interest regulations, as well as the company’s internal control frameworks.
  • Letter sent by an individual citizen to the Anti-Corruption Commission and copied to the People's Majlis Secretariat, requesting an investigation into corruption allegations involving a senior official of GA. Atoll Hospital.
  • Letter sent by an individual citizen to the Prosecutor General's Office and copied to the People's Majlis Secretariat, regarding the issue of the HA. Hoarafushi Council leasing a 5,000-square-foot plot of land to The Hawks Private Limited to conduct fuel business operations.


Details of votes taken in this meeting are on “Votes” section of this page.

Attendance

Dr. Ahmed Shamheed

South Hulhumale'

Present

Abdulla Shareef

Kelaa

Present

Abdul Gafoor Moosa

Hanimaadhoo

Present

Mohamed Mamdooh

Funadhoo

Present

Ahmed Saleem

Eydhafushi

Present

Ahmed Azaan Marzooq

Central Hithadhoo

Absent

Qasim Ibrahim

Maamigili

Sick Leave

Hamad Abdulla

North Fuvahmulah

Present

Asadhulla Shihab

Gemanafushi

Present

Hanan Mohamed Rasheed

Guraidhoo

Absent

Ahmed Xamyr

Central Mahchangolhi

Present

Votes

Vote Details

Ahmed Saleem

Eydhafushi

Chairperson

Dr. Ahmed Shamheed

South Hulhumale'

Yes

Abdulla Shareef

Kelaa

Seconded By
Yes

Abdul Gafoor Moosa

Hanimaadhoo

Yes

Mohamed Mamdooh

Funadhoo

Proposed By
Yes

Ahmed Azaan Marzooq

Central Hithadhoo

Absent

Qasim Ibrahim

Maamigili

Absent

Hamad Abdulla

North Fuvahmulah

Yes

Asadhulla Shihab

Gemanafushi

Yes

Hanan Mohamed Rasheed

Guraidhoo

Absent

Ahmed Xamyr

Central Mahchangolhi

Yes
Total
11
Yes
7
Voted
7
Present
8
No
0
Not Voted
0
Eligible
7
Abstain
0
Vote Required
4
Total
11
Present
8
Eligible
7
Yes
7
No
0
Abstain
0
Voted
7
Not Voted
0
Vote Required
4

Vote Details

Ahmed Saleem

Eydhafushi

Chairperson

Dr. Ahmed Shamheed

South Hulhumale'

Yes

Abdulla Shareef

Kelaa

Seconded By
Yes

Abdul Gafoor Moosa

Hanimaadhoo

Yes

Mohamed Mamdooh

Funadhoo

Proposed By
Yes

Ahmed Azaan Marzooq

Central Hithadhoo

Absent

Qasim Ibrahim

Maamigili

Absent

Hamad Abdulla

North Fuvahmulah

Yes

Asadhulla Shihab

Gemanafushi

Yes

Hanan Mohamed Rasheed

Guraidhoo

Absent

Ahmed Xamyr

Central Mahchangolhi

Yes
Total
11
Yes
7
Voted
7
Present
8
No
0
Not Voted
0
Eligible
7
Abstain
0
Vote Required
4
Total
11
Present
8
Eligible
7
Yes
7
No
0
Abstain
0
Voted
7
Not Voted
0
Vote Required
4

Works

13 Oct 2026

Paperwork related to guarantee facility of USD 28,000,000 signed by MACL with Vitol

Completed

01 Sep 2026

Paperwork related overdraft facilities from BML to repay loans taken for MIFCO cashflow

Completed

01 Sep 2026

Paperwork related to the loan of USD 50 million from ADB for Energy Security Emergency Assistance Project

Completed

01 Jul 2026

Paperwork related Sovereign Murabaha Financing Facility of USD 25 million to finance the imports of good s by STO from ITFC

Completed

02 Mar 2026

Paperwork related to sovereign guarantee issued for STO's Senior Term Credit Facility from OQT

Completed

01 Dec 2025

Issues related to the discontinuation of the living allowances for the employees of Information Commissioner's Office

Completed

24 Nov 2025

Retirement Pension related issues received from Committee on Independent Institutions

Completed

09 Nov 2025

Issues in the new Legal Pay Framework

Completed

Attendance Summary

  • Present
    08
  • Absent
    02
  • Simultaneous Committee
    00
  • Sick Leave
    01
  • Leave
    00
  • Official
    00
  • Attendance Not Required
    00

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