Ahmed Adeeb, ex Vice- President of Maldives has been sentenced to 20 years in prison on charges of money laundering. The Maldives Criminal Court Criminal Court fined Ahmed Adeeb $129,800. The prison sentence, which will be shortened by one year because he served time after a previous conviction on the same charges, also covered charges of corruption and possession of an unlicensed firearm.
Adeeb 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.
‘Adeeb cooperated with the state in the investigation and entered a plea deal,’ a court official said adding that the 20-year sentence was a ‘light punishment’ for the crimes he admitted to.