Indian Citizen Arrested on Money Laundering Charges Found with USD 100,000
An Indian national arrested on money laundering charges was found with USD 100,000 in his possession.
The suspect, identified as Abdul Ragub Nisthar Haleem Rahman, was arrested on September 3, though police initially withheld the details regarding the amount of money found at the time of his apprehension.
Following an initial five-day remand period, Rahman was brought before the Criminal Court on Tuesday, where Judge Ibrahim Zihunee extended his remand for an additional 10 days. The court cited the need for further investigation into the origins of the funds in Rahman’s possession.
Rahman’s defense lawyer argued in court that the USD 100,000 in question is not connected to any money laundering activities. The lawyer claimed Rahman's phone contains evidence of how the money was acquired, and that this would be made clear once Rahman gives a full statement to investigators.
Police, however, countered that the money was discovered concealed in Rahman's bag, along with documents suggesting that the funds were handed over by several individuals. Rahman's frequent visits to the Maldives, often departing just a day after his arrival, further raised suspicions, the police stated. Additionally, two passports in Rahman’s name were uncovered during the investigation.
"Rahman is accused of serious criminal activities, and he has yet to provide a satisfactory explanation regarding the origin of the funds," the court order stated. "Given the suspicious nature of his travel history and the circumstances surrounding his possession of the money, the court has ruled for his continued remand."
Judge Zihunee instructed the police to take statements and conduct further inquiries into the source of the funds during the extended remand period, ensuring a thorough investigation is completed.
The case remains under active investigation.
