Sajid was removed from his position on Sunday. Sajid was appointed to the position on 3 August 2025.
Sajid, who was appointed as the head of the Financial Intelligence Unit (FIU) in August 2025
Ismail Sajid, who was appointed as the head of the Financial Intelligence Unit (FIU) in August following the removal of the previous head after the leak of an FIU report allegedly implicating MP for Baarah constituency Ibrahim Shujau, has been suspended from his position.
RaajjeMV understands that Sajid was removed from his position on Sunday.
However, the Maldives Monetary Authority (MMA) has not confirmed the suspension, nor has it disclosed the reason behind the decision.
Sajid was appointed to the position on 3 August 2025.
Serious corruption allegations were raised against MP Ibrahim Shujau after an FIU report was leaked.
Following the leak, Abdullah Ashraf, who was heading the unit at the time, was transferred to a different position within 24 hours. Ashraf was reassigned to the role of Head of Risk and Compliance.
At the time, the central bank MMA stated that Sajid’s appointment in place of Ashraf was part of a structural change aimed at strengthening the operations of the central bank.
The Financial Intelligence Unit is an institution established under the Prevention of Money Laundering and Terrorism Financing Act.
When Ashraf was removed from his position, it was revealed that the military company SIWEC had been awarded the contract to manage the presidential inauguration ceremony of Dr. Mohamed Muizzu without a bidding process, allegedly to provide significant financial benefits to the Official Events company owned by Baarah Constituency Member Shujau. This information emerged through a report prepared by the FIU.
