Written by Nathasha De Alwis
28 Nov, 2019 | 3:51 pm
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.
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