Saturday, December 20th, 2025

Maldives ex-VP Ahmed Adeeb sentenced to 20 years for graft



MALE: Former Maldivian Vice President Ahmed Adeeb on Tuesday has been sentenced to 20 years in prison after pleading guilty to graft, money laundering and abuse of power.

Adeeb was a close ally of ex-president Abdulla Yameen until Adeeb was jailed for allegedly trying to assassinate the strongman former ruler with a bomb on board his yacht in 2015, AFP reported.

The Criminal Court also imposed a fine of two million rufiyaas ($129,000) for Adeeb’s role in siphoning money from the state tourism promoter during the former administration.

He was accused of causing a loss of about $260 million to the state in leasing islets for resort development and receiving kickbacks from tourism companies.

(With  inputs from agencies)

Publish Date : 06 October 2020 18:05 PM

Nepal Rastra Bank to invest Rs 1.2 billion in banks and financial institutions

KATHMANDU: Nepal Rastra Bank (NRB) has announced plans to invest

Inclusive group quotas in PR system to be determined as per latest census

KATHMANDU: The percentage of inclusive groups under the proportional representation

RSP Chair Rabi Lamichhane to attend party program in Chitwan today

KATHMANDU: Rastriya Swatantra Party (RSP) Chair Rabi Lamichhane is scheduled

NCP to hold unity message rally in Kathmandu today

KATHMANDU: The Nepali Communist Party (NCP) is holding a unity

PM Sushila Karki says good governance, elections govt’s ‘sole focus’

KATHMANDU: Prime Minister Sushila Karki has said her government has