One of the largest local business, Champa Brothers Maldives had been accused of money laundering.

One Online has learned that the company is ordered to answer to the Presidential Commission on Corruption and Asset Recovery with allegations of money laundering regarding four transactions.

Sources say that the Asset Recovery Commission sent a letter to Champa Brothers in March but no further details were offered.

Champa Brothers are also on the list of individuals and companies involved in the corruption scandal involving the Maldives Marketing and Public Relations Corporation (MMPRC), released by the Parliament.

The information and reports leaked on social media regarding the MMPRC corruption scandal show USD 3.5 million in acquisition was deposited to Champa. However, Mohamed Allaam Latheef told the investigation that they did not rectthe amount in the local currency, MVR.

Allaam also said that MVR 19,844,100 from the Promissory Note was given to Champa and the funds were accepted by Masood who works at DhiTV.