Colombo, February 13
Maldives’ former President Abdulla Yameen, who is accused of using money stolen from state coffers, was charged with money laundering on Wednesday, according to a local media report.
The case stems from an allegedly shady deal to lease islands for tourist resort development and the discovery of $1 million in his bank account.
The case has been filed at the criminal court, the Prosecutor General’s office tweeted on Wednesday. Yameen, who lost the presidential poll to Ibrahim Mohamed Solih in September 2018 after a five-year rule, is accused of using money stolen from state coffers, police said last week, after wrapping up probe, The Maldives Independent reported.
Under the 2014 anti-money laundering law, the offence carries a prison sentence between five and 15 years or a fine of up to $64,850. Separate charges were sought over alleged false testimony to the anti-graft body during its probe into the theft of $90 million from Maldives Marketing and Public Relations Corporation. Yameen was questioned over $1 million deposited to his account by SOF, a firm that was used to funnel resort acquisition fees paid to the MMPRC. He denies any wrongdoing. — PTI
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