Jeffrey,
Need your advice.
My finance minister is telling me that he has an anonymous funds manager who is willing to deposit 4 billion
dollars in Maldives and that they are willing to lend a percentage of that in exchange for government
promissory notes. The 4 billion would be deposited in the Central Bank. But they want us to set up a special
purpose vehicle, a construction company fully owned by the government to receive the loan. Such a company
can only be set up under a presidential decree.
I am also told that the funds manager would be charging Maldives upfront a certain percentage of the amount
Source: House Oversight Committee release, November 2025