Finance Ministry requests suspension of vehicle domain number sales

The Ministry of Finance has requested authorities cease selling domain numbers for land vehicles pending an investigation into whether funds are being collected through the scheme in accordance to the Public Finance Act, local media has reported.

The suspension of domain numbers, an alternate form of registry for land vehicles, had been taken on advice from the attorney general, Transport Authority Chair Abdul Rasheed Nafiz has told Sun Online.

Nafiz said that a third sale phase for domain numbers was to have originally been announced this week, but had since been suspended due to the Finance Ministry’s request.

Finance Minister Abdulla Jihad had his phone switched off at time of press.

Domain numbers – a condensed, four digit format of vehicle registration – are sold through an online auction with starting prices of MVR 25,000 for cars and MVR 15,000 for motorcycles, according to local media.