Money Laundering

Former Vice President, top tourism official face fresh corruption charges

The Prosecutor General’s office has meanwhile filed money laundering charges against Hamid Ismail – an influential businessman related to detained former Vice President Ahmed Adeeb – at the criminal court this morning. According to the police, acquisition fees paid to the government’s tourism promotion company for a resort lease were deposited into the accounts of a company linked to Hamid, instead of the state treasury.

Adeeb faces fresh charges over missing funds from 17 resort leases

The police have also forwarded money laundering charges against Hamid Ismail, an influential businessman related to Adeeb. According to the police, acquisition fees paid to the MMPRC for a resort lease was deposited into the accounts of a company linked to Hamid, instead of the state treasury.

Boat blast suspect re-arrested on money laundering charge

An influential businessman, arrested in Malaysia, on suspicion of links to an explosion on President Abdulla Yameen’s speedboat was released on Friday, but detained immediately on a new charge of money laundering.

Head of financial intelligence unit resigns

MDP to protest against “dangerous” SEZ bill

Foreign investments pose no threat to Islam or sovereignty, insists President Yameen

Chamber of commerce vice president slams economic development minister

Parliamentary debate begins on special economic zones bill

MMA denies US suggestion it has knowledge of terrorist funding

Committee to enlist Singapore parliament in US$800 million oil trade probe

Maldives a mid-point for illegal immigration to Europe, money laundering: Immigration Controller

“No new significance” in Sri Lankan money laundering busts, say local police