Abdulla Yameen Found Guilty of corruption and money laundering charges
– The Maldives criminal court on Sunday sentenced former President Abdulla Yameen to 11 years in prison and fined him $5 million after convicting him of corruption and money laundering charges related to receiving bribes from a private company. Yameen has denied wrongdoing.
He lost power in 2018 but has been declared the Maldivian Progressive Party’s presidential candidate for elections scheduled for 2023.
How much corruption charges are on Maldives President Abdulla Yameen
Found Guilty of corruption and money laundering charges of $5 million.
Already in 2019 he was sentenced to five years in jail and fined $5 million in 2019 for embezzling $1 million in state funds, which prosecutors say were acquired through the lease of tourism development rights.
After his sentencing, Yameen was placed under house arrest in 2020 and was released months later. Since his release, Yameen, the half-brother of former dictator Maumoon Abdul Gayoom, has returned to active politics with a campaign against Indian influence in the Maldives, raising concerns in New Delhi.
Situated near strategic shipping lanes in the Indian Ocean, the Maldives is a focal point for competition between India and China for influence in the region.Read More……..