back to homepage

Tag "mmprc"

Tourism firms win legal bids to recover property despite evidence of graft

Two companies involved in the MMPRC scandal have won legal bids to recover an island and a lagoon seized by the Maldivian authorities after an audit report revealed that the state did not receive acquisition fees.

Read More

Former MMPRC chief faces new corruption charges

The ACC has asked the chief prosecutor to press corruption charges and initiate legal proceedings against Abdulla Ziyath to seize a plot of land he bought from public funds embezzled from MMPRC

Read More

President apologises for Maldives’ biggest ever corruption scandal

The president asked for forgiveness that the historic graft scandal took place during his tenure, and said: “But no matter how vigilant we are, criminals will continue to commit crimes.”

Read More

Transparency calls for ‘broad investigation’ after corruption exposé

Anti-corruption NGO Transparency Maldives has called for a broad and independent investigation into allegations raised in an Al Jazeera exposé about systemic corruption, abuse of power and criminal activity at the highest level of government.

Read More

Maldives is no longer interested in expanding tourism, says president

The Maldivian government is no longer interested in expanding its luxury tourism sector because of the large number of islands and lagoons leased out in a recent corruption scandal, President Abdulla Yameen has said.

Read More

Anti-graft watchdog fields barrage of questions over integrity

The anti-graft watchdog fielded Sunday a barrage of questions on its integrity and willingness to hold President Abdulla Yameen to account over the theft of some US$80million from state coffers.

Read More

Maldives parliament admits guilt over corruption

The parliament descended into fresh chaos today with lawmakers from warring sides accusing one another of corruption, and a ruling party MP admitting that he handed over “sacks of money” as bribes to opposition MPs.

Read More

First lady distributes cash in visits to Malé households

First Lady Fathimath Ibrahim distributed cash during visits to households in Malé amidst concern over the first couple’s involvement in the theft of hundreds of millions of dollars from state coffers.

Read More

“Who checks if the money they receive is legitimate?” – Translation of President Yameen’s Feb 24 speech

President Abdulla Yameen attempted to shrug off responsibility for the Maldives’ biggest ever corruption scandal, by claiming he was not aware “charity” to MPs and ruling party officials came from embezzled millions.

Read More

President claims he was “not aware” cash handouts to ruling party officials came from stolen millions

Yameen claims he had thought cash hands to MPs, ruling party officials and for party activities came from gifts from friendly businesses. “The receiver, whether be President, or an MP, they are unaware that the money has been obtained via MMPRC, or illegally from the state treasury.”

Read More

Ex Auditor General weighs in on Maldives’ biggest corruption scandal

Full transcript of former Auditor General Niyaz’s interview detailing the extent of complicity by state officials, including President Yameen and MPs, in the embezzlement of hundreds of millions of dollars from state coffers.

Read More

US$79m embezzled in Maldives’ biggest corruption scandal

A staggering US$79 million from the Maldives tourism promotion company was siphoned off into the bank accounts of former Vice President Ahmed Adeeb’s associates, including US$65 million collected as acquisition costs from leasing islands, lagoons, and plots of land for tourism.

Read More

MDP claims evidence of Maldives government involvement in terrorism financing

The main opposition Maldivian Democratic Party claims it has damning evidence of government involvement in terrorism financing, money laundering, and bribery.

Read More

Court prepares to hear second count of graft against Adeeb

The criminal court summoned today former Vice President Ahmed Adeeb and two of his associates for a preliminary hearing on a second count of corruption involving the misappropriation of US$5million from a resort lease.

Read More

Ex-tourism official pleads not guilty to graft charges

Ziyath is accused of embezzling of acquisition fees paid by a foreign company for the 50-year lease of a lagoon in Malé atoll. He reportedly admitted to receiving a cheque for US$1 million from a company called Ebony Pvt Ltd, but denied embezzling the funds.

Read More

Adeeb pleads not guilty to corruption charges

Former Vice President Ahmed Adeeb pleaded not guilty today at the second hearing of his trial on charges of abuse of authority over millions missing from resort lease payments.

Read More

Ministers questioned over tourism corruption scandal

The anti-corruption watchdog has questioned Attorney General Mohamed Anil and Fisheries Minister Mohamed Shainee over missing funds from several islands leased for resort development by the government-owned Maldives Marketing and Public Relations Corporation.

Read More