The Election Commission has revealed that 48 out of 368 candidates who contested in the recent parliamentary elections failed to submit their financial statements within the mandated timeframe. This represents approximately 13% of the total candidates.
According to the General Elections Act, candidates are required to submit their financial statements to the Election Commission within 30 days of the conclusion of the elections. The deadline for submission expired at 12:00 PM on Wednesday.
Failure to submit a financial statement or providing false information in the statement can result in severe penalties, including imprisonment for up to one year or a fine of MVR 72,000, as outlined in the General Elections Act.
To maintain transparency, the Election Commission has announced that the financial statements of all candidates will be made available for public viewing on the EC website.
According to the General Elections Act, candidates are required to submit their financial statements to the Election Commission within 30 days of the conclusion of the elections. The deadline for submission expired at 12:00 PM on Wednesday.
Failure to submit a financial statement or providing false information in the statement can result in severe penalties, including imprisonment for up to one year or a fine of MVR 72,000, as outlined in the General Elections Act.
To maintain transparency, the Election Commission has announced that the financial statements of all candidates will be made available for public viewing on the EC website.
