The Football Association of Maldives (FAM) is currently under scrutiny due to allegations of misusing foreign funds, leading to an investigation initiated by the police following orders from the Prosecutor General. The investigation revolves around accusations of money laundering and fraud, with claims that funds from international football bodies were transferred to private accounts affiliated with FAM.
At present, the police are conducting a search at the FAM House near the stadium as part of their investigation. However, no official statement regarding the investigation has been released by the police or FAM.
The Prosecutor's Office has stated that the investigation is centered on allegations of embezzlement of funds that were intended for FAM from various parties. This includes looking into potential cases of money laundering, theft, fraud, or any other criminal offenses, with prosecution to be pursued against those found liable.
The Prosecutor's Office also emphasized the importance of maintaining the integrity and fairness of state institutions and safeguarding the trust and confidence of foreign countries and international organizations that have dealings with the Maldives. They expressed concerns that funds received from international agencies, which are subject to specific regulations, might have been misused in contravention of the Maldives' rules and laws.
FAM President Bassam Adil Jalil has been accused of bearing responsibility for the debts incurred by the clubs. However, President Bassam Adil Jalil has refuted these allegations, asserting that he has not engaged in any wrongdoing.
The investigation is ongoing, and further details will emerge as the process unfolds.
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