Anti Corruption Commission (ACC) has concluded that there was no role of Champa Brothers in the Maldives Marketing & Public Relations Corporation (MMPRC) corruption scandal.
The commission’s decision was made for the money laundering allegations lodged against Champa Brothers.
In the report by ACC further elaborating on the decision, it was stated that as the investigations did not uncover substantial evidence to back the corruption and money laundering allegations against the company, the commission has reached the conclusion that there was no crime of corruption involved in this case.
ACC’s investigations were into the allegations that a part of the funds from MMPRC’s sale of lagoons and islands for tourism purposes from February 2014 to October 2015 was deposited into Champa Brother’s accounts.
In a previous report by ACC into one of the biggest corruption scandals in Maldives, it was stated that millions of dollars that MMPRC should have received was transferred to some local accounts via SOF.
It was on December 2022, that the Criminal Court sentenced former President Abdulla Yameen Abdul Gayoom to 11 years in jail for bribery and money laundering charges in connection to the sale of V. Aarah for resort development.
In addition to several others have been found guilty in MMPRC corruption related charges, including former Vice President Ahmed Adeeb who has been sentenced to 20 years, and former Managing Director of MMPRC Abdulla Ziyyath who sentenced to 11 years.