The Supreme Court dismissed the Criminal court order to freeze the bank accounts of former President Abdulla Yameen.
The criminal court order requested to freeze the 8 bank accounts in Maldives Islamic Bank (MIB), stating that his accounts were used to transfer 1 million USD, connected to the massive MMPRC scandal, to his Bank of Maldives (BML) account under an agreement to keep the money in an escrow account.
As per the Supreme Court ruling, the criminal court order was against the constituency and instead of requesting to freeze the Escrow accounts, 8 MIB accounts were frozen with no reason on how it was connected with the MMPRC scandal.
As per last year's Criminal court order requesting to freeze the 8 MIB accounts in suspicion of being connected and receiving funds from the MMPRC embezzlement and money laundering scandal. Criminal court order also said that if these accounts were not freezed, Yameen could be benefiting from it.
When the Criminal Court order was appealed by the government at the High Court, it was dismissed as well, and the High Court’s order was supported at the Supreme Court hearing on Thursday.
The criminal court order requested to freeze the 8 bank accounts in Maldives Islamic Bank (MIB), stating that his accounts were used to transfer 1 million USD, connected to the massive MMPRC scandal, to his Bank of Maldives (BML) account under an agreement to keep the money in an escrow account.
As per the Supreme Court ruling, the criminal court order was against the constituency and instead of requesting to freeze the Escrow accounts, 8 MIB accounts were frozen with no reason on how it was connected with the MMPRC scandal.
As per last year's Criminal court order requesting to freeze the 8 MIB accounts in suspicion of being connected and receiving funds from the MMPRC embezzlement and money laundering scandal. Criminal court order also said that if these accounts were not freezed, Yameen could be benefiting from it.
When the Criminal Court order was appealed by the government at the High Court, it was dismissed as well, and the High Court’s order was supported at the Supreme Court hearing on Thursday.
