High Court releases former official jailed on corruption charges
Ibrahim Riyaz was found guilty of abuse of authority in awarding a US$21 million land reclamation project in late 2010 to Heavy Load Maldives – a company owned by the family of Deputy Speaker of Parliament ‘Reeko’ Moosa Manik.
16 Sep 2015, 9:00 AM
The High Court yesterday overturned the conviction of an official at the state-owned Thilafushi Corporation, who was sentenced to three years in prison on corruption charges.
Ibrahim Riyaz, ex-managing director, was found guilty of abuse of authority in awarding a US$21 million land reclamation project in 2010 to Heavy Load Maldives – a company owned by the family of Deputy Speaker of Parliament ‘Reeko’ Moosa Manik. He was sentenced in October 2014.
Riyaz was accused of issuing a mobilisation fee of US$2.52 million to Heavy Load despite lacking the authority to approve the payment.
However, a three-judge panel at the appellate court ruled unanimously that the prosecution’s evidence was insufficient to prove that Riyaz had misused his position for the unlawful gain of a third party.
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