News18»World
1-MIN READ

Maldives Ex-vice President Sentenced To 20 Years For Corruption

Maldives Ex-vice President Sentenced To 20 Years For Corruption

A court on Monday sentenced the former vice president of the Maldives, Ahmed Adeeb, to 20 years in jail and fined him $129,892 after he pleaded guilty to corruption charges.

MALE: A court on Monday sentenced the former vice president of the Maldives, Ahmed Adeeb, to 20 years in jail and fined him $129,892 after he pleaded guilty to corruption charges.

The Maldives Criminal Court charged Adeeb with embezzlement, money laundering and misuse of government authority among other offences, according to an order of Judge Hassan Saeed.

The charges related to leasing tropical islands for hotel development.

According to an asset recovery commission formed by the current government, the islands were sold below-market prices. As a result, the government lost nearly $259 million.

In his statement to the court, Adeeb, who pleaded guilty in September under a plea bargain, said he was ready to cooperate to recover the missing money.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor


Next Story
Loading...