Former president of Maldives, Abdulla Yameen is fined and sentenced for 5 yrs in jail for money laundering case

In Maldives, former president Abdulla Yameen has been found

guilty of money laundering and sentenced to five years in prison today.

The five judge bench of criminal court without exception agreed

that Yameen is guilty on the charge of laundering state funds for personal

gain.

He was accused of over 1 million dollars deposit in his bank

account by a company that was used to channel resort investment fees.

The bench ruled that former President while in office,

violated an agreement signed with the anti-corruption commission to hold the

money in an escrow account.

The court also fined the 60-year-old opposition leader with 5

million US dollars.

He served as Maldives President from 2013 to 2018 when he

lost his re-election bid last year.