Crime

Maldives police urged to probe president over ‘cash counting’ claims

More than US$80 million was embezzled from the state-owned marketing company.

23 Jul 2018, 9:00 AM
Maldives police were Sunday asked to probe sensational corruption allegations made against the president by his jailed former deputy.
Ex-vice president Ahmed Adeeb told the Criminal Court that President Abdulla Yameen counted cash siphoned off from the MMPRC scandal inside his home.
Adeeb said Yameen was behind changes that allowed the Maldives state-owned marketing company, MMPRC, to collect money from island deals instead of the tax authority doing it.
A special audit revealed over US$80 million was embezzled through MMPRC, mostly from acquisition fees through leasing islands, lagoons and plots of land. It is the biggest graft case in the history of the Maldives

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