Ex-president Yameen accused of laundering stolen money

He was questioned about giving false testimony to the Anti-Corruption Commission during its investigation into the unprecedented theft of US$90 million from a state-owned tourism company, a police spokesman told the media. 

Yameen’s bank accounts were frozen with more than MVR100 million (US$6.5 million) in US dollars and local currency last month as police launched a probe into campaign contributions and US$1 million transferred from a company linked to the corruption scandal under his watch.

Speaking to reporters after emerging from the police headquarters Sunday evening, Yameen said he was questioned about US$1 million deposited to his account at the Maldives Islamic Bank by SOF, a local company that was used to funnel resort acquisition fees paid to the Maldives Marketing and Public Relations Corporation.