Hamid transferred to house arrest for reminder of trial

Criminal Court on Sunday ordered that Hamid Ismail of M. Shuramanzil – who has been charged with money laundering – be transferred to house arrest for reminder of his trial.

A close ally of former Vice President Ahmed Adeeb Abdul Gafoor – it has been over a month since he has been kept under police custody in prison.

He was charged in accordance with law to stop money laundering and finance of terrorist activities; the first person to be charged in accordance with that specific law.

Police have said Hamid was charged with money laundering during his tenure as chief of MMPRC, but have not revealed any details revealing the case.

According to law, a person if found guilty of money laundering could be fined MVR 100,000 – MVR 1,000,000 and jailed for 5 – 15 years.

Or fined no more than five times the amount used for money laundering and jailed for 2- 15 years.

Anyone found guilty of assisting or facilitating money laundering can be fined MVR 50,000 – MVR 500,000 and jailed 2 – 10 years.

Or fined no more than five times the amount used for money laundering and jailed for 2 – 10 years.