Ro Teimumu says in his declaration dated February 24th 2015, Khaiyum stated the value of his Lot 13 DP 9206, CT 37186 at $80,000.
“However on August 29th 2006, a certified true copy of Transfer No 593802, shows that Khaiyum’s company Midlife Investments paid Faiyaz Koya, Sahim Arif Khan, Mohammed Altaf and Anwar Hussein the sum of $100,000 for the Lot.
“Hon Sayed-Khaiyum not only has to answer for the value discrepancy between $80,000 and $100,000. He appears to have also overlooked the fact that on November 17th 2010, Lot 12 right next to his own Lot, was sold by Mr Siddiq Faizal Koya through Transfer Certificate No 738461 for $170,000. The respective size of both Lots is the same, 1099 sq meters,” Ro Teimumu said.
She says the discrepancy in the value must be viewed against the Provisions of the Political Parties Decree , specifically Sec 24 (1), (2) (a) (i) and then Sec 24 (3).
Ro Teimumu said Khaiyum is known for taking speedy action against people he wanted prosecuted including some Members of the Opposition.
Khaiyum has also still not provided the public with the relevant details of acquittals on how $100 million of public money was a spent.