Former Maldivian president Abdullah Yameen sentenced for 5 years in prison

COLOMBO(News 1st) - Maldivian media reports that Former Maldivian president Abdullah Yameen Abdul Gayyoom has been found guilty of money laundering. A five-judge bench unanimously concurred that Yameen is guilty on the charge of laundering state funds for personal gain. Yameen was charged with laundering USD one million through the state-owned Maldives Marketing and Public Relations Corporation (MMPRC), via a private company SoF, during his presidency. Maldivian media also reports that the former president faces a fine of USD 5mn fine and a 5-year prison sentence.