Crime

ACC seeks prosecution of ex-vice president over US$6m corruption scandal

The anti-corruption watchdog has asked the Prosecutor General’s office to press charges against jailed former Vice President Ahmed Adeeb over a US$6 million corruption scandal exposed in an October 2014 audit report of the state-owned tourism promotion company.

13 Apr 2016, 9:00 AM
The anti-corruption watchdog has asked the Prosecutor General’s office to press charges against jailed former Vice President Ahmed Adeeb over a US$6 million corruption scandal exposed in an October 2014 audit report of the state-owned tourism promotion company.
The Anti-Corruption Commission, in a statement today, confirmed the audit report’s finding that US$6 million was channeled through the Maldives Marketing and Public Relations Corporation to companies linked to the then-tourism minister.
The anti-graft watchdog had failed to take action when the audit report was first issued.
According to the audit report, the MMPRC obtained MVR77 million (US$5 million) from the Maldives Ports Limited to be paid back in dollars. The money was immediately transferred to Millenium Capital Management Pvt Ltd, a company owned by Hamid Ismail, an influential businessman related to Adeeb.

Become a member

Get full access to our archive and personalise your experience.


Already a member?

Discussion

No comments yet. Be the first to share your thoughts!

No comments yet. Be the first to join the conversation!

Join the Conversation

Sign in to share your thoughts under an alias and take part in the discussion. Independent journalism thrives on open, respectful debate — your voice matters.

Support independent journalism