President Dr. Mohamed Muizzu has officially disclosed his financial statement. According to Article 120 of the Constitution of the Maldives, the President is mandated to submit an annual financial statement to the Auditor General, detailing all assets, monies, business interests, and liabilities.
As per the financial statement, the President received a total of MVR 285,024 as salary over the past six months. Additionally, he earned MVR 240,000 from the rental of a row house in Hulhumalé and received MVR 180,000 as a gift from his family.
Regarding his bank accounts, the President’s Bank of Maldives (BML) current account holds MVR 184,845.52. His BML savings account contains MVR 1,701,470.44, while his Maldives Islamic Bank (MIB) savings account has a balance of MVR 1,000. In terms of liabilities, a balance of MVR 1,319,265.13 remains to be paid to the Maldives Finance and Leasing Company (MFLC).
The statement also lists his registered assets, which include M. Dhimyaath, Hulhumalé Amber Terrace 2, Dhimyaath in HA. Vashafaru, M. Fig, and a car valued at MVR 260,000.
