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Maldives Police Freeze Bank Accounts of Former President Yameen

A total of 100 million Maldivian Rufiyaa ($6.58 million) in both US dollars and the local currency have been frozen as a part of investigations into deals Yameen made during his tenure.

Reuters

Updated:December 15, 2018, 7:55 PM IST
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Maldives Police Freeze Bank Accounts of Former President Yameen
Former Maldivian President Abdulla Yameen. (Reuters file photo)
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Colombo: Police in the Maldives have frozen the bank accounts of former president Abdulla Yameen, a statement said on Saturday.

The Maldives police said a total of 100 million Maldivian Rufiyaa ($6.58 million) in both US dollars and the local currency have been frozen as a part of investigations into deals Yameen made during his tenure, many of them involving Chinese infrastructure projects.

Yameen has denied any wrongdoing and said that he took on loans to accelerate economic development.

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| Edited by: Anu Parthiban
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