MP Falah alleges Yameen’s personal accounts contain funds equivalent to state budget
Inguraidhoo MP Ibrahim Falah, the parliamentary group leader of the ruling People’s National Congress (PNC), has made serious allegations against former President Abdulla Yameen Abdul Gayoom, claiming that Yameen's personal accounts hold funds equivalent to the state budget for one year.
Falah presented these claims during a PNC rally on last night.
During the rally,
We have information that Yameen currently possesses funds equivalent to the state budget for a one-year period
Falah stated
He elaborated that both Yameen’s closest aides, former Minister Mohamed Maleeh and Yameen’s lawyer Dr. Mohamed Jameel, had previously accused Yameen of holding significant personal funds.
While they were talking about it, President Yameen has verbally confessed in major trials that he had campaign money in his account.
Falah added
Falah pointed out that Yameen had previously justified the large amounts in his accounts as campaign funds, stating,
The former president earlier said the funds in his personal accounts were campaign allocations.
he stated
Falah criticized this practice, noting that depositing campaign funds into personal accounts is in violation of the Political Parties Act.
The MP also revealed that the funds in Yameen’s accounts cannot be withdrawn through bank cheques or transfers,
The thing is these accounts are deposit-only; there is no cheque book. No option for transfers, so the funds never decrease, it only compounds.
Falah further explained
Falah also alleged that Yameen had misappropriated funds from various sources, including a $5 million donation promised by Saudi Arabia for the 2014 parliamentary elections.
He said that Saudi Arabia would give $5 million to the campaign of the then MPs for the 2014 parliamentary elections. The MPs at the time will testify that this is not a lie. We don't know what happened to it,
Falah said
While Falah accused Yameen, it is also noteworthy that Yameen too continues to criticize the current administration in party meetings, further fueling the controversy.
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