topic
Missing Funds
Crime
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.
06 Feb 2016, 9:00 AM
Politics
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.
20 Jan 2016, 9:00 AM
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