Saturday 24th Feb 2024
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President’s Office

No Asset Declaration for President's Office Undersecretary Hisaan Fahmy

Mohamed Hisaan Ali Fahmy, who serves as an Undersecretary at the President's Office, has not publicly declared his assets.
Undersecretary Fahmy is along among the high-ranking officials at the President's Office who has not published their asset declarations on the Office's website.
Fahmy is a shareholder of the holding company of the Palato Frosty's restaurant in Male City.
It is unclear why Fahmy's asset declaration has been withheld.
Prior to this, Presidential Adviser Mohamed Shihab's asset declaration had gone missing after Dhiyares, the sister-newspaper of The Maldives Journal, had reported that Shihab had declared MVR 300 million in private property. The President's Office had later claimed that the MVR 300 million had been included "by mistake". Similarly, the President's Office had also claimed that the declared MVR 20 million in private property assets and MVR 700,000 in wealth stored in a bank account by Fathimath Mohamed Solih, Secretary at the Presidential Secretariat and Protocol, had been included through a "data-entry error". Fathimath Solih happens to be President Solih's younger sister.
High-ranking officials at the President's Office began to publish their asset declarations on 10 January 2019. The pretext for such declarations had been to root out corruption and to remove its undesired effects from Maldivian society.