Court denies request to stay prison sentence of Shifau in fraudulent TT case
11 އޯގަސްޓު 2026 | އަންގާރަ 08:18The High Court has rejected a request to stay the execution of a 10-year prison sentence handed to Hussain Shifau, who was convicted of acquiring MVR 1.9 million worth of goods using fraudulent telegraphic transfers (TTs). The Criminal Court previously found Shifau guilty on 23 counts of fraud and money laundering in connection with the case.
Court denies request to stay prison sentence of Shifau in fraudulent TT case. | police
The High Court has ruled against staying the prison sentence of Shifau, who was convicted in a case involving fraudulent telegraphic transfers (TTs).
The High Court has ruled against staying the prison sentence of Hussain Shifau, who was convicted on seven counts of money laundering for defrauding foreign companies of goods worth $123,000 (MVR 1.9 million) using forged telegraphic transfers (TTs).
The High Court bench presiding over the case consists of Judge Ismail Shafeeu, Judge Huzaifa Mohamed, and Judge Dheebanaz Fahmy.
Shifau was arrested in 2023 in connection with a scheme to obtain goods using fraudulent telegraphic transfers (TTs). The state has filed 23 charges against him, including 16 counts of fraud and seven counts of money laundering.
Presiding Judge Ali Nadeem of the Criminal Court has found Shifau guilty on all 23 charges. Although the state sought the forfeiture of $123,000 laundered by Shifau in the case, the judge ruled that the funds could not be confiscated. The judge noted that the order could not be granted as the state had failed to identify the current location or whereabouts of the money.
Furthermore, the state has requested a 10-year prison sentence and a fine of 100,000 Rufiyaa for each charge.
