Corruption Scandal

Campaign donors, family firms, and election-eve payments: the Fenaka scandal explained

A utility's descent into patronage, kickbacks, and political warfare.

President asks bank to disclose account details to anti-corruption watchdog

The Maldives Islamic Bank had refused to share information about Yameen’s private bank account with the Anti-Corruption Commission for its investigation into the embezzlement of nearly US$80 million from the state-owned tourism promotion company.

Independent MP questioned over corruption allegations against first couple

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.