ACC confiscates USD 1 mil from Yameen’s account

Anti-Corruption Commission (ACC) has confiscated USD 1 million from former President Abdulla Yameen’s bank account in relation to the Maldives Marketing & PR Corporation (MMPRC)’s embezzlement case.

The USD 1 million stolen from the state had been transferred to President Yameen’s Islamic Bank account.

Speaking to RaajjeMV, ACC’s vice president Muavviz Rasheed refused to confirm whether Yameen had handed over the amount to the commission, as reported by some news outlets.

Muavviz refused to give details such as how they recovered the amount from Yameen since it is an ongoing investigation but did say that they recovered it three or four months ago, when Yameen was still president.

Over USD 1 billion was embezzled from the state in the MMPRC embezzlement scandal, the largest case of corruption in Maldives’ history. Yameen had admitted that some of the embezzled cash had gone to his home, but accused former vice president Ahmed Adeeb of being behind it.

ACC has stated that they have been unable to question the shareholders of SoF company, which had played a large role in the scandal, and so they have filed the case regarding the money transferred to Yameen’s account.