Money Laundering | Atoll Times

Money Laundering

Shifau released after seizing passport

If convicted, he faces a minimum of 38 years in prison, but the case is still in preliminary stages.

Yameen thought bank would hide funds source, state alleges

"President Yameen believed that the bank would protect the information" Prosecutor Shafiu said.

7 September 2023

Yameen denies knowledge of Aarah lease to Naeem

Yameen said that there is no reason he should know whether the money received by Naeem is proceeds of crime.

7 September 2023

Sun companies seek expedited trial in Fuggiri graft case

The judge said that the court will try to conclude the hearings as soon as possible.

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Yameen ordered to pay MVR 53m in 6 months

Yameen was given six months by the criminal court to pay the amount.

26 February 2023

Yameen tried to lease Fuggiri for just $400k, Adeeb testifies

Adeeb said on Monday that he had asked Yameen about how the commission money was being deposited in his account.

Adeeb agrees to pay MVR 2K first to pay up MVR 1m fine

The case will then have a sentencing hearing as both parties have agreed in a certain way. The date of the hearing is yet to be announced.

Yameen complains about lengthy hearings citing back problems

As the hearing dragged on for more than three hours, Yameen raised concerns citing his health.

Probe into RDC continues; no instructions to stop, police say

Police are investigating a case in which MVR 13.8 million was allegedly transferred from the RDC's main account to Yasir's personal account.