Going After Government Looters - The New York Times

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The Case of the Maldives

The Maldives government is pursuing the recovery of an estimated $400 million allegedly looted by former president Maumoon Abdul Gayoom and his associates. Gayoom, who ruled for 30 years, is one of several politically connected figures targeted in repatriation efforts of misappropriated funds.

Details of the Alleged Embezzlement

A 2009 audit report detailed extravagant spending, including:

  • Luxury yacht purchase: $9.5 million
  • Presidential palace renovations: $17 million
  • Various luxury goods and lavish travel for the president and his family

These expenses are highlighted against the backdrop of the Maldives' relatively low GDP per capita.

Global Efforts

The case is part of a broader, international effort to recover misappropriated funds from corrupt officials. While there has been some progress, officials and experts believe much more can be done.

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