South Asia News

Former Maldives president accused of money laundering

Former Maldives President Abdulla Yameen has been accused of laundering stolen money and lying to the anti-corruption watchdog, police said, after the opposition leader was questioned at the police headquarters in Malé for more than four hours, the Independent newspaper reported on Tuesday.
Jan 9, 2019
MALE: Former Maldives President Abdulla Yameen has been accused of laundering stolen money and lying to the anti-corruption watchdog, police said, after the opposition leader was questioned at the police headquarters in Malé for more than four hours, the Independent newspaper reported on Tuesday.
 
He was questioned about giving false testimony to the Anti-Corruption Commission during its investigation into the unprecedented theft of US$90 million from a state-owned tourism company, a police spokesman told the media. 
 
Yameen’s bank accounts were frozen with more than MVR100 million (US$6.5 million) in US dollars and local currency last month as police launched a probe into campaign contributions and US$1 million transferred from a company linked to the corruption scandal under his watch.
 
Yameen claimed he had done no wrong and transferring the money to his account was a “procedural matter.”

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