Interpol has issued red notice on Maldivian fugitive Ahmed Moosa Mohamed, the Managing Director of SeaLife Global which is under investigation for housing fraud.
The red notice issued against Moosa reads that he is wanted for questioning by Maldivian authorities in connection with fraud and theft.
SeaLife announced its 3,000-apartment housing project, the SeaLife Complex in Hulhumale’ in 2015.
280 tenants paid a booking fee of MVR 50,000 (some more than MVR 50,000). But the SeaLife Complex was never built and the tenants never reimbursed for their down payments.
The cumulative total of the booking fees collected by SeaLife is estimated to be upwards of MVR 14 million.
The case is under investigation by the Economic Crime Department of Maldives Police Service, the Anti-Corruption Commission (ACC), and is also the subject of the biggest class-action lawsuit in Maldivian history.
Moosa had reportedly fled to neighboring Sri Lanka once the case gained attention of the local press.
Commissioner of Police, Mohamed Hameed (MC Hameed) announced the decision to seek the assistance of Interpol in the search for Moosa on April 18.