Saturday 15th Jun 2024
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Audit office

Mandhu College Awarded 15 Million Against Auditor General’s Advise

Male’ High Private Limited, Mandhu College’s parent company had been awarded 15 million as damages for voiding the contract for the old MES School building against the Auditor General’s Advisory.
In accordance to Education Ministry’s request and looking at the financial statements provided to the Auditor General’s Office it is apparent that until the end of 2014, Mandhu College spent 1,179,041 Maldivian Ruffiya to run the college. The financial statements from 2015 reveal that the company spent 1,414,876 Maldivian Ruffiya. In accordance with this Auditor General had advised the returns be set in a limit between these two figures.
The report compiled by the Auditor General highlighted a few components such as the fact that despite the MES building being available to Mandhu College to carry out operations in 2014 and 2015 they had failed to carry it out. It is a violation to run courses that are not set in the guidelines yet Mandhu College carried out these operations despite.
Sum total 4,697,308 Maldivian Ruffiya was provided to Mandhu College by the state for operations. 264,300 lakh was provided as renumeration for the switch from Arabiya to MES for Arabiya School students. A further 215,000 was provided as extra assistance, 451,189 as electricity reparations, 3,400,800 as furniture reparations. Along with all these funds 3 million Maldivian Ruffiya was provided to Mandhu as a loan from the educational fund. According to the AG is an outstanding amount of 1,856,711 Maldivian Ruffiya from this loan.
The First President of MDP Ibrahim Ismail was awarded 15 million Maldivian Ruffiya during the process of dispute deciding whether or not the High Court and Supreme Court acted accordingly in this matter.
Ibrahim Ismail stated that this was decided fairly and that all audit forms would have been provided during the process.