Maldives anti-corruption commission asks prosecutors to charge two companies over the MMPRC graft scandal
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Maldives' Anti-Corruption Commission (ACC) has asked the Prosecutor General's Office to bring charges against two companies in connection with the MMPRC corruption case, which Maldivian outlet Adhadhu describes as the largest corruption scandal in recent Maldivian history. In May 2026 the ACC alleged that the acquisition cost of the island Thaa Olhugiri, leased to Popular Maldives, was paid with illicit funds and decided to ask authorities to repossess it; Popular Maldives said the ACC acted only after the company sued the commission and the court ordered the ACC to respond, and a company official said there is no evidence in the case. In August 2026 the ACC said it was seeking money laundering charges against MHR Trading, alleging that funds from the account of SOF, which the ACC says was used to disperse embezzled MMPRC money, were deposited into MHR Trading's account, including $325,000 owed to MMPRC. The ACC says the company tried to frame the funds as US dollar purchase and sale transactions but failed to prove who supplied the checks. The decision whether to prosecute rests with the Prosecutor General. The ACC accepts corruption reports from the public through an online form that includes options to remain anonymous.
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