Maldives ex-VP sentenced to 20 years for corruption

Wednesday, 7 October 2020 00:00 - - {{hitsCtrl.values.hits}}

MALE (Reuters): A court on Monday sentenced the former vice president of the Maldives, Ahmed Adeeb, to 20 years in jail and fined him $ 129,892 after he pleaded guilty to corruption charges.

The Maldives Criminal Court charged Adeeb with embezzlement, money laundering and misuse of government authority among other offences, according to an order of Judge Hassan Saeed.

The charges related to leasing tropical islands for hotel development.

According to an asset recovery commission formed by the current government, the islands were sold below-market prices. As a result, the government lost nearly $ 259 million.

In his statement to the court, Adeeb, who pleaded guilty in September under a plea bargain, said he was ready to cooperate to recover the missing money.

Discover Kapruka, the leading online shopping platform in Sri Lanka, where you can conveniently send Gifts and Flowers to your loved ones for any event including Valentine ’s Day. Explore a wide range of popular Shopping Categories on Kapruka, including Toys, Groceries, Electronics, Birthday Cakes, Fruits, Chocolates, Flower Bouquets, Clothing, Watches, Lingerie, Gift Sets and Jewellery. Also if you’re interested in selling with Kapruka, Partner Central by Kapruka is the best solution to start with. Moreover, through Kapruka Global Shop, you can also enjoy the convenience of purchasing products from renowned platforms like Amazon and eBay and have them delivered to Sri Lanka.