Criminal Court of Maldives has accepted the case filed by the Prosecutor General's Office (PGO) for a ruling to confiscate the money laundered by former President Abdulla Yameen Abdul Gayoom.
Last month, the Criminal Court convicted former President Yameen over money laundering and handed him a prison sentence of 5 years with a fine of USD 5 million. Following the sentence, PGO had proposed the Criminal Court to confiscate USD 3.4 million which also includes investment profit money from the USD 1 million laundered by Yameen.
In a tweet, the PGO said the request was put forward as Yameen had been convicted of the case, adding articles 192 and 62 of the Criminal Procedure Code Act on money laundering and financing terrorism grants the state the power to confiscate money in the related bank account of Yameen.
Former President Yameen has appealed at the High Court of Maldives to overturn the unanimous verdict by five judges of the Criminal Court over the case.