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Bank accounts of former President Yameen frozen

The bank accounts of former President Abdulla Yameen Abdul Gayoom has been frozen, as part of an investigation into allegations of financial fraud. The bank accounts were frozen following a court order.

Following the order, accounts opened in Bank of Maldives (BML) and Maldives Islamic Bank (MIB) were frozen. The accounts were frozen in the wake of Maldives Police Service summoning the former president regarding an ongoing investigation.

According to a parliamentarian representing Progressive Party of Maldives (PPM), the former president has been asked to present himself for question at 1400hrs on Saturday. The member, who wishes to be anonymous, revealed the case is related to funds deposited to the account of the former president during the presidential election.

According to former Minister of Legal Affairs at President’s Office Aishath Azima Shakoor, former president is to be questioned over allegations that he received about USD 1.5 million in cash as campaign funds days before the contentious vote. However, she revealed the money was deposited to an account that was declared by the Elections Commission within the guidelines of the Presidential Elections Act.