Ex-head of Financial Intelligence Unit accused of graft
Athif Shakoor is accused of purposely not alerting the authorities to suspicious transactions.
02 Jul 2019, 9:00 AM
Athif Shakoor, the former head of the central bank’s Financial Intelligence Unit (FIU), is accused of covering up suspicious transactions with companies involved in the country’s biggest ever corruption scandal.
The charges relate to more than US$90 million that was paid as resort acquisition fees to the Maldives Marketing and Public Relations Corporation (MMPRC) during the previous administration.
The FIU is an independent agency within the Maldives Monetary Authority (MMA). It is tasked with flagging suspicious transactions after collecting and analysing information about money laundering.
The Anti-Corruption Commission (ACC) revealed on Tuesday that Athif, who resigned from his position in June 2015, failed to alert the appropriate authorities to suspicious transactions.
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