Displaying items by tag: cycle of impunity

An ethical cloud is over the Maldives, an idyllic tropical holiday destination. Islands and submerged coral lagoons have been leased out to tourism developers in no-bid deals. At least US$79 million from the lease fees was embezzled into private bank accounts. The scandal involves local businessmen and international hotel operators, and leads all the way to outgoing president Abdulla Yameen. Transparency International and Transparency Maldives urge all politicians and civil servants involved in the transition to the newly-elected government to ensure that there are no further secret deals to allow those connected to corruption to escape accountability. It was revealed that in the eighteen months before the 23 September election which ended President Yameen’s presidency, senior government officials leased out 50+ islands at a fraction of the original price, and Yameen anonymously received US$1.5 million. See also