Sunday, January 29, 2023
DhiDaily - English Edition
  • Home
  • Local
  • Reports
  • World
  • Business
  • Sports
  • Entertainment
  • Tech
  • ދިވެހި
No Result
View All Result
  • Home
  • Local
  • Reports
  • World
  • Business
  • Sports
  • Entertainment
  • Tech
  • ދިވެހި
No Result
View All Result
DhiDaily - English Edition
No Result
View All Result

Ex-President Yameen Found Guilty of Bribery and Money Laundering Charges

Ibrahim by Ibrahim
December 25, 2022
0
Ex-President Yameen Found Guilty of Bribery and Money Laundering Charges
0
SHARES
11
VIEWS

The Criminal Court of Maldives  has found former President Abdulla Yameen guilty of corruption and money laundering charges related to the sale of resort development acquisition and leasing rights to Vaavu Atoll Aarah.

In the verdict trial held at the Criminal Court today, the court declared that there was sufficient proof that the money used to bribe former President Yameen was deposited to his account by former MP Yoosuf Naeem. Moreover, Yameen then invested the money into his Maldives Islamic Bank (MIB) Account to clean the illicit funds. 

The state had pressed charges of money laundering and accepting bribes against former President Yameen in relation to the lease of Aarah for resort development through Maldives Marketing and Public Relations Corporation (MMPRC). 

The island was leased to a private company after it was taken back and handed over to Felidhoo Island Council in 2015. The island was later handed over to 2G Maldives Private Limited, before leasing the island again to a foreign company. The embezzlement of funds acquired from the lease of Aarah was uncovered during the investigation of the corruption scandal of MMPRC.

Tags: Former President Abdulla YameenMMPRC Scandal

Related Posts

President Solih Secures MDP’s Presidential Ticket By A Landslide Win Against Speaker Nasheed
Local

President Solih Secures MDP’s Presidential Ticket By A Landslide Win Against Speaker Nasheed

January 28, 2023
BML Announces Changes to Banking Services
Business

BML to Appeal Civil Court’s Ruling Over Alhan Fahmy’s Kings Capital Case

January 27, 2023
STO Records MVR 1 Billion As Operating Profit in 2022
Business

STO Records MVR 1 Billion As Operating Profit in 2022

January 27, 2023

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
MTCC Launches Online Top-Up Service for Dhathuru Card

MTCC Launches Online Top-Up Service for Dhathuru Card

April 19, 2021
Fire Breaks Out in Vakkaru Resort

Fire Breaks Out in Vakkaru Resort

December 14, 2021
The Power of Women’s Leadership, A Powerful Economy

The Power of Women’s Leadership, A Powerful Economy

March 14, 2021
Police Begins Operation to Arrest High-Profile Individuals Involved in Sex Scandal

Three Arrested Over Alleged Same-Sex Videos Released from Custody

August 13, 2022
Stewart Fired as CEO of MACL

Stewart Fired as CEO of MACL

1
Speaker Nasheed Undergoes Multiple Successful Surgeries

“I Will Not Compete Against President Solih” – Nasheed

1
Cat Strangling Video Receives Backlash

Cat Strangling Video Receives Backlash

1
UK Prime Minister Boris Johnson Reveals His Cautious Lockdown Easing Plan

UK Prime Minister Boris Johnson Reveals His Cautious Lockdown Easing Plan

0
President Solih Secures MDP’s Presidential Ticket By A Landslide Win Against Speaker Nasheed

President Solih Secures MDP’s Presidential Ticket By A Landslide Win Against Speaker Nasheed

January 28, 2023
BML Announces Changes to Banking Services

BML to Appeal Civil Court’s Ruling Over Alhan Fahmy’s Kings Capital Case

January 27, 2023
STO Records MVR 1 Billion As Operating Profit in 2022

STO Records MVR 1 Billion As Operating Profit in 2022

January 27, 2023
Maldives to Receive Duty Exemption from Fish Exports Soon

Maldives to Receive Duty Exemption from Fish Exports Soon

January 27, 2023

Recent News

President Solih Secures MDP’s Presidential Ticket By A Landslide Win Against Speaker Nasheed

President Solih Secures MDP’s Presidential Ticket By A Landslide Win Against Speaker Nasheed

January 28, 2023
BML Announces Changes to Banking Services

BML to Appeal Civil Court’s Ruling Over Alhan Fahmy’s Kings Capital Case

January 27, 2023
STO Records MVR 1 Billion As Operating Profit in 2022

STO Records MVR 1 Billion As Operating Profit in 2022

January 27, 2023
Maldives to Receive Duty Exemption from Fish Exports Soon

Maldives to Receive Duty Exemption from Fish Exports Soon

January 27, 2023
DhiDaily - English Edition

© 2022 Dhidaily

  • About
  • Advertise
  • Privacy & Policy
  • Contact

No Result
View All Result
  • Home
  • Local
  • Reports
  • World
  • Business
  • Sports
  • Entertainment
  • Tech
  • ދިވެހި

© 2022 Dhidaily