MCA Bank Statement Raises Serious Governance and Ethics Questions
MaldivesChess.org has obtained and published the official bank statement of the Maldives Chess Association following requests from multiple clubs. The statement shows that more than MVR 1.5 million in public funds were received from the Ministry of Finance during the period reviewed, while over MVR 1.46 million was transferred to the Association’s President, Nooh Ali, and his immediate family. While a bank statement alone does not explain the purpose or approval of transactions, the scale and pattern of these transfers raise serious ethical and governance concerns, prompting calls from the chess community for an independent audit and full transparency.
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