Audit Reveals Fuvahmulah Council’s MVR 200k Expense on Three-Wheeled Truck

The Auditor General’s Office revealed that Fuvahmulah City Council spent MVR 227,900 on procuring a three-wheeled truck, exposing the authority’s financial activities.

According to the report, the council authority’s biggest discrepancy is the agreement between it and Coral Holdings and Investment Private Limited.

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On June 16, 2022, the parties signed a contract for the procurement of a three-wheeled truck at a cost of MVR 227,900.

As per the audit report, the information sheet issued to procure the vehicle did not provide proper details, and the bid’s acceptance despite the lack of relevant information on the sheet was another highlighted issue.

The report further highlights that the supplied vehicle fell below the council’s specifications and noted that an additional MVR 194,900 was incurred since the authority procured an EV pickup instead of a three-wheel truck.

The audit report also revealed the council’s failure to collect money from multiple parties that owed payments, which stood at a combined total of MVR 2,265,046 as of December 31, 2022.

Most notably, payments collected as state revenue streams, totaling MVR 870,355 as of December 31, 2022, had not been deposited to the Public Account as well.

Similar discrepancies from various other council bodies had surfaced previously due to audits but were never adequately dealt with.