2 remanded again for money laundering in drug case
The individuals, Ahmed Niushad, 34, and Hassan Azim, 29, had earlier been remanded by the Fuvahmulah Magistrate's Court on similar charges last month.
Two men previously arrested on charges of laundering millions linked to drug-related activities were remanded in custody on Sunday under a Criminal Court order.
The individuals, Ahmed Niushad, 34, and Hassan Azim, 29, had earlier been remanded by the Fuvahmulah Magistrate's Court on similar charges last month. The High Court later overturned the remand order, leading to their release.
Following their re-arrest, they were presented before the Criminal Court, which ordered a 10-day remand.
According to separate orders issued by the Criminal Court:
-
MVR 21 million was funnelled through accounts linked to Niushad.
-
MVR 5 million was channeled through accounts associated with Azim.
Police investigations have resulted in the arrest of 58 individuals and the freezing of bank accounts belonging to two companies. Cases involving 65 individuals have been forwarded to the Prosecutor General's Office for prosecution.
Related
Related
3 arrested in New Year’s Eve operation released on conditions
Uniformed bodies failing in duty to prevent drugs, MP Nazim says
President says to propose bills to laws on drugs, gang crimes
