The Prosecutor General’s Office (PGO) has leveled serious charges against the President of the Football Association of Maldives (FAM), Bassam Adeel Jaleel, accusing him of embezzlement and money laundering. The charges come in the wake of allegations that officials within FAM misappropriated funds entrusted to the organization.
The PGO has confirmed that the case is currently under investigation by the Maldives Police Service (MPS), with indications that additional charges may be brought forth as the inquiry unfolds.
According to the PGO, President Bassam faces embezzlement charges for allegedly diverting USD 10,004 from the FAM account into his personal account during the period between July and August 2018. These funds, originally provided by the International Federation of Association Football (FIFA), were intended for the activities of the Football Association of Maldives.
Furthermore, the PGO alleges that Bassam is also charged with money laundering for transferring USD 1,910 from the embezzled funds to another individual’s account on September 2, 2018. It is claimed that this amount was used for the operations of Glacier Investments, a company in which Bassam holds a stake. Additionally, he is accused of utilizing USD 2,000 from the misappropriated funds to cover rent for his apartment at Rehendhi Flat. The PGO contends that the embezzled money was further dispersed to various individuals and employed for personal purposes.
If found guilty of embezzlement, Bassam Adeel Jaleel could face a sentence of up to one year, seven months, and six days in prison. On the money laundering charges, the potential penalty includes a prison term ranging from five to 15 years, accompanied by a fine spanning between USD 6,500 and USD 65,000.
The legal proceedings are closely watched as the case unfolds, shedding light on the alleged financial misconduct within the Football Association of Maldives.