Audit: MVR 191M in student loans unpaid by 2022

1 week ago

The Auditor General’s Office has revealed that MVR 191 million in higher education loans remained unpaid by the end of 2022, with no documented efforts to recover the funds in accordance with state finance regulations. The findings were published in the 2022 audit report of the Ministry of Higher Education, released on Sunday. According to the report, the ministry had disbursed