President Dr Mohamed Muizzu has made his financial declaration public, disclosing details of his income, assets, bank balances and liabilities, as well as the income and financial interests of First Lady Madam Sajidha Mohamed.

The declaration, published on the President’s Office website, covers the past six months and includes information on earnings, property ownership, business interests, bank balances, loans and outstanding debts.

During the six-month period, President Dr Muizzu received MVR 282,024 in salary. He also earned MVR 240,000 in rental income from a property in Hulhumalé and MVR 180,000 from his share of the family property, M. Fig.

The declaration states that the First Lady received MVR 199,999.98 as the allowance provided by law to the spouse of the President. She also earned MVR 78,000 in salary from Dhimyaath Private Limited, a company registered in her name, and MVR 4,927.32 as consultancy income from the Ministry of Health, Family and Welfare.

Among the President’s declared assets is M. Dhimyaath, a property he inherited. A unit at Amber Terrace 2 in Hulhumalé is valued at MVR 5,919,500, while a parcel of land in Haa Alif Vashafaru is valued at MVR 150,000. The declaration also notes that part of M. Fiq was received as a gift.

In addition, the President declared ownership of a vehicle valued at MVR 260,000.

According to the declaration, the President holds MVR 184,845.52 in a Maldivian rufiyaa account and MVR 1,701,470.44 in a savings account at the Bank of Maldives. He also has MVR 1,000 in a savings account at Maldives Islamic Bank.

The declaration further states that President Dr Muizzu is repaying a loan obtained from the Maldives Finance Leasing Company, with an outstanding balance of MVR 1,319,265.13.