Audit Office: Male' Atoll Council failed to deposit MVR 49,000 in state revenue into Public Bank Account
30 އޯގަސްޓު 2026 | އާދީއްތަ 10:47The 2023 audit report of the Kaafu Atoll Council has revealed that MVR 49,800 in revenue was not deposited into the public bank account in accordance with state financial regulations. Furthermore, the Auditor General’s Office highlighted significant negligence in the council's operations, including a failure to take adequate measures to recover outstanding dues, poor management of fixed assets, and systemic lapses in maintaining accurate financial records.
The 2023 audit report has revealed that the Kaafu Atoll Council failed to deposit MVR 49,800 in revenue into the Public Bank Account, in violation of state financial regulations. | Avas
The Auditor General’s Office has revealed that MVR 49,800 received by the Kaafu Atoll Council was not deposited into the state’s public bank account.
The 2023 compliance audit report for the Male’ Atoll Council, released by the Auditor General’s Office, stated that all funds collected as state revenue must be deposited into the Public Bank Account in accordance with Section 13 of the State Finance Act. The report further noted that Section 5.27 (a) of the State Finance Regulations mandates that all revenue received by government offices must be deposited into the Public Bank Account maintained at the Maldives Monetary Authority.
The report highlighted that MVR 49,800 collected as state revenue by the Kaafu Atoll Council through the end of 2023 had not been deposited into the Public Bank Account as of November 30, 2024. According to the audit report, although records show the council received MVR 49,600 in driving test fees and MVR 200 in telecommunications license fees, these funds remain undeposited.
Consequently, the Audit Office has instructed that all revenue collected by state offices must be deposited into the Public Bank Account at the Maldives Monetary Authority, as mandated by the Public Finance Regulations.
In addition to these issues, the report highlighted a failure to take adequate measures to recover outstanding funds in accordance with the State Financial Regulations. The Audit Office further noted that funds deposited into the account were not consistently recorded in the 'Viya' module, and revenue was being documented under inappropriate budget codes.
Furthermore, the report highlighted several issues regarding the fixed asset registry and the management of physical assets. The Audit Office also noted discrepancies between the figures stated in the financial statements and the administrative records maintained by the council.
