Adhaalath Party fined MVR 25,000 over spending records
The party's 2024 audit report found it had not kept full details of its spending, as the Political Parties Act requires.
The Elections Commission (EC) on Sunday fined the Adhaalath Party MVR 25,000 for not keeping proper financial records, as required by the Political Parties Act.
In a notice on its website, the EC said the party's audit report for 2024, which was submitted in October, found that the party had not kept full details of all its expenses. Article 41 of the Political Parties Act requires every party to keep detailed records of all its spending.
The auditor also said it could not verify the values recorded for some of the party's assets in 2024, because the documents to support them had not been provided.
Second fine this year
This is the second time the EC has fined Adhaalath this year. In July, the party was fined MVR 50,000 for not submitting its financial statement. The Maldivian Democratic Party (MDP) and the Maldives National Party (MNP) were also fined that month for the same reason.
Under the Political Parties Act, every party must submit its annual report and financial statement for the previous year to the EC within the first three months of each year.
The Adhaalath Party has 6,086 registered members, according to the EC's register of political parties.
