Audit Reveals Eydhafushi Council Failed to Deposit Over MVR 660,000 in Public Funds

A 2024 audit report has exposed that the Eydhafushi Council in Baa Atoll failed to deposit MVR 660,750 in sea vessel safety fees collected between 2014 and 2022 into the required public bank account. This violation of the Public Finance Act was attributed to the council's difficulty in identifying the senders of the funds. The report, published by the Auditor General's Office in December 2024, confirmed that while 2024 revenues were correctly deposited, the earlier funds remained undeposited as of August 21, 2025. The audit recommends that all state revenue be deposited into the central bank’s public account, in compliance with Article 5.27 of the Public Finance Act.