Maldives police freeze bank accounts of ex-president Yameen as part of probe

In this Sept. 23, 2018 photo, Maldivian president Yameen Abdul Gayoom, center, leaves a polling station after casting his vote during presidential election day in Male, Maldives. (AP)
Updated 16 December 2018
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Maldives police freeze bank accounts of ex-president Yameen as part of probe

  • The police said on Saturday a total of 100 million Maldivian Rufiyaa ($6.58 million) in both US dollars and the local currency have been frozen as a part of the investigations

MALE: Police in the Maldives said they have frozen the bank accounts of former president Abdulla Yameen as they investigate allegations by state bodies that he conducted “illicit” deals, some involving Chinese infrastructure projects, whilst leader.
Yameen lost a presidential election in September and the new government of his successor, Mohammed Ibrahim Solih, seen as close to India, has been trying to determine the extent of Chinese loans used to finance a construction boom in the Indian Ocean archipelago.
The police said on Saturday a total of 100 million Maldivian Rufiyaa ($6.58 million) in both US dollars and the local currency have been frozen as a part of the investigations.
Yameen has denied any wrongdoing and said that he took on loans to accelerate economic development. He could not be contacted on Saturday.
“We have noticed that several large transfers of money were conducted along with other transactions during the presidency ... in bank accounts operated under his name,” the statement said.
“Yameen answered all questions posed to him during today’s questioning and said that he will fully cooperate with the ongoing investigation,” it added.
Critics have alleged that contracts were given to Chinese companies at inflated prices, such as a bridge connecting the capital Male to the main airport of the palm-fringed islands famous for their luxury diving resorts.
While Yameen had strengthened ties of the archipelago of 400,000 people with China, his surprise loss in the election has raised the influence of traditional partner India.
($1 = 15.2000 rufiyaa)


Japan’s Takaichi aims for blizzard of votes in rare winter election

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Japan’s Takaichi aims for blizzard of votes in rare winter election

  • Polls suggest big gains for Sanae Takaichi’s LDP-Ishin coalition
  • Japan’s first female leader seeks to capitalize on youth appeal
TOKYO: Japanese voters trudged through snow on Sunday to cast their ballots in an election predicted to hand Prime Minister Sanae Takaichi a resounding win, though record dumps in some parts of the country snarled traffic and could dent turnout.
The conservative coalition of Takaichi, the nation’s first female leader, is on track to win around 300 of the 465 seats in the lower house of parliament, according to multiple opinion polls, a large gain from the 233 it is defending.
Outside a polling station in a small town in the central prefecture of Niigata, where snow piled up more than 2 meters (7 feet) in places, teacher Kazushige Cho, 54, said he was determined to vote for Takaichi’s Liberal Democratic Party despite the conditions.
“She’s shown strong leadership and pushes various policies forward,” he said. “I think things could turn out quite well.”
Takaichi rides ‘Sanakatsu’ wave among young voters
Takaichi, ‌64, who became ‌prime minister in October after being selected LDP leader, called the rare winter election ‌to try ⁠to ride a ‌wave of personal popularity.
With a straight-talking style and an image as a hard worker that have won her support, Takaichi has accelerated military spending to counter China, angering Beijing, and pushed for a sales-tax cut that has rattled financial markets.
“If Takaichi wins big, she will have more political room to follow through on key commitments, including on consumption-tax cuts,” said Seiji Inada, managing director at FGS Global, a consultancy. “Markets could react in the following days, and the yen could come under renewed pressure.”
Her promise to suspend the 8 percent sales tax on food for two years to help households cope with rising prices has spooked investors concerned about how the nation with the heaviest debt burden ⁠among advanced economies will fund the plan.
Niigata resident Mineko Mori, 74, padding through the snow with her dog early on Sunday, said she worried that Takaichi’s tax cuts ‌could saddle future generations with an even bigger burden.
Mori planned to vote for ‍Sanseito, a small far-right party that broke through in a 2025 ‍upper house ballot with promises to crack down on badly behaved foreigners and control immigration.
But younger voters are among ‍the most supportive of Takaichi, with one recent poll finding more than 90 percent of those under 30 favored her.
The prime minister has sparked an unlikely youth-led craze called “sanakatsu,” roughly translated as “Sanae-mania,” with the products she uses, such as her handbag and the pink pen she scribbles notes with in parliament, in high demand.
That young cohort, however, is less likely to vote than the older generations that have long been the bedrock of LDP support.
On Thursday, Takaichi received the endorsement of US President Donald Trump, a signal that may appeal to right-leaning voters.
If the coalition of Takaichi’s LDP with the Japan Innovation Party, known as Ishin, wins a supermajority of ⁠310 seats, she could override the upper chamber, where the coalition does not have a majority.
If the polls have it all wrong and Takaichi loses control of the lower house, she has vowed to step down.
Whiteout could boost organized voting blocs
With up to 70 cm (28 inches) of snow forecast in northern regions, some voters will battle blizzard conditions to pass their verdict on her administration. It is only the third postwar election held in February, with elections typically called during milder months.
Even the capital Tokyo was given a rare covering of snow, causing some minor traffic disruptions.
Nationwide, 37 train lines and 58 ferry routes were halted and 54 flights canceled as of Sunday morning, according to the transport ministry.
Turnout in recent lower house elections has hovered around the mid-50 percent range. Any slump on Sunday could amplify the influence of organized voting blocs.
One of those is Komeito, which last year quit its coalition with the LDP and has merged into a centrist group with the main opposition Constitutional Democratic Party of Japan. Komeito has close ties to the lay-Buddhist Soka Gakkai group, ‌which claims at least 8 million members nationwide.
Voters will pick lawmakers in 289 single-seat constituencies, with the rest decided by proportional-representation votes for parties. Polls close at 8 p.m. (1100 GMT), when broadcasters are expected to issue projections based on their exit polls.