Criminal Court scheduled a hearing for next week over charges raised against former President Abdulla Yameen Abdul Gayoom by the state.
The money laundering charges against Ex-President Yameen are made over allegations of money transfers to Yameen's personal account by SOF, the company accused of laundering state funds embezzled in the Maldives Marketing and Public Relations Corporation (MMPRC) scandal which cost the government over MVR 1.3 billion.
The charges pressed Yameen further state that he violated his agreement with Anti Corruption Commission (ACC) to transfer the MVR 1 million in his personal account to an escrow account by transferring additional funds to the account. He then deposited MVR 1 million from the escrow account to a general investment account at Maldives Islamic Bank (MIB).
The court has collected witnesses accounts from the state and will allow Yameen to present his defence in the near future. His defence witness is former Governor of Maldives Monetary Authority (MMA), Azeema Adam.
Once testimonies are collected, both parties will be allowed to discuss the evidence and submit a summary before hearings conclude.
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