AVL funds

Investigation into alleged misappropriation of AVL funds begins

Details of the allegations is not known, but in December last year then Minister of Finance andĀ Economic Management (MFEM) Maki Simelum, when answering questions in Parliament, put the figure of misappropriated funds at around VT29 million.

Some of the AVL staff who were accused of misappropriation and were terminated by the previous board of directors under the previous Board of Directors have been reinstated through a court order. The Supreme Court found their dismissal was unlawful as it did not comply with necessary requirement processes.