Updates of Asset Recovery Commission will be revealed soon: Spokesperson
Commission formed on July 20
President office
President’s Office says that the updates of the Asset Recovery Commission will be shared soon.
President’s Office Spokesperson Ibrahim Muaz Ali reported that the press will be briefed of the updates of the Commission. Commission Chair and Home Minister Azleen Ahmed made the same statement.
The Commission was formed on July 20th, under the rights granted to the President under Clause 115 (o), under advisement from the Cabinet. The Commission had been in existence for a month, but is yet to reveal any information on their work.
The main purpose of establishing the Commission on State Assets Recovery is to analyse efforts taken by the institutions to recover State assets highlighted in reports published by the Office of the Auditor General and the Anti-Corruption Commission. The President has granted full authority to the commission to independently carry out its duties, and take action accordingly.
The Commission has a one-year mandate and will have to submit one a month report to relevant agencies.
