Wanna get our awesome news?
We will send you weekly news & updates. Isn't that cool?
Subscribe!

Actually we will not spam you and keep your personal data secure

Wanna get our awesome news?
We will send you emails only several times per week. Isn't that cool?
Subscribe!

Actually we will not spam you and keep your personal data secure

Tue, 21 Jan 2020

Northeast Today

Maldives ex-president Abdulla Yameen sentenced to five years for money laundering

Maldives ex-president Abdulla Yameen sentenced to five years for money laundering
November 29
14:20 2019

NET Bureau

Former Maldives president Abdulla Yameen was convicted and sentenced to five years in prison for money laundering on Thursday – as dozens of his supporters gathered outside the courtroom saying his was innocent.

Yameen, who ran the Maldives with an iron hand for five years, unexpectedly lost an election last year and has since faced investigations over a number of deals sealed during his tenure.

He was accused of receiving $1 million of government money through a private company as part of a deal to lease a number of tropical islands for hotel development – charges he has repeatedly dismissed.

Judge Ali Rasheed, who headed a panel of five judges trying the case, told the criminal court it had been established beyond any reasonable doubt that Yameen had taken money that he knew was embezzled from the state.

“The judges took over 10 days to deliberate on this and this is the unanimous verdict of the five judges,” Rasheed said.

Yameen drew the Indian Ocean island country closer to China during his tenure from 2013-2018. Opposition critics accused him of giving contracts, including a major bridge and an extension to the international airport, to Chinese companies at inflated prices. He denied any wrongdoing.

Source: Reuters

Tags
Share

Related Articles

0 Comments