President Mohamed Nasheed has setup a Presidential Commission to investigate the alleged embezzlement of state funds and resources.
Mr Ali Shiyam, Economic Advisor to the President, was appointed as the Chairman of the Commission and Sheikh Hussain Rasheed Ahmed, President of Adhaalath Party, was appointed Joint-Chair. Other members include, Minister of State, Principal Collector of Customs Mohamed Aswan, Uz Idham Muiz Adnan, Uz Abdulla Haseen and Uza Shabab Rasheed.
The commission was formed under Article 115(o) of the constitution, to undertake its mandate independently with full legal powers. The commission will have the authority to summon, interrogate and take statements from any person alleged to have misappropriated state funds and resources, with a view of using these records as evidence in the courts. The commission will also have the authority to restrict movement of suspects including confiscation of passports and freeze relevant bank accounts.
