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MALÉ (Reuters): A criminal court of the Maldives found former President Abdulla Yameen guilty of money laundering on Thursday and sentenced him to five years in prison, the judge said.
Yameen, who drew the Indian Ocean island country closer to China during his tenure, was accused of receiving $1 million of Government money through a private company as part of a deal to lease a number of tropical islands for hotel development.
The Court also slapped a fine of $ 5 million on Yameen, who is under arrest, Judge Ali Rasheed said.
A lawyer for Yameen said he would appeal.