Ex-MMPRC Head Gets 12-Year Sentence for Financial Misappropriation
Abdulla Ziyath, former Managing Director of MMPRC, received an additional 12-year prison sentence from the Criminal Court for financial malfeasance, adding to an existing 8-year sentence under house arrest. He faced 32 charges, with three major counts of embezzlement each carrying 4 years. He agreed to a plea deal, cooperating and aiding recovery of funds. Charges include embezzling MVR 2.3 million from MPL, misappropriating US$6.8 million from MMPRC's dollar account, and obtaining a US$1 million loan from MTDC funneled to a private company. The case is part of the MMPRC graft scandal involving former President Yameen and others.
Abdulla Ziyath, former Managing Director of MMPRC, received an additional 12-year prison sentence from the Criminal Court for financial malfeasance, adding to an existing 8-year sentence under house arrest. He faced 32 charges, with three major counts of embezzlement each carrying 4 years. He agreed to a plea deal, cooperating and aiding recovery of funds. Charges include embezzling MVR 2.3 million from MPL, misappropriating US$6.8 million from MMPRC's dollar account, and obtaining a US$1 million loan from MTDC funneled to a private company. The case is part of the MMPRC graft scandal involving former President Yameen and others.
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Abdulla Ziyath, former Managing Director of MMPRC, received an additional 12-year prison sentence from the Criminal Court for financial malfeasance, adding to an existing 8-year sentence under house arrest. He faced 32 charges, with three major counts of embezzlement each carrying 4 years. He agreed to a plea deal, cooperating and aiding recovery of funds. Charges include embezzling MVR 2.3 million from MPL, misappropriating US$6.8 million from MMPRC's dollar account, and obtaining a US$1 million loan from MTDC funneled to a private company. The case is part of the MMPRC graft scandal involving former President Yameen and others.
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