A hearing in connection to the appeal made by the state in connection to the Criminal Court’s decision to release the Managing Director of Sealife Global who is being charged over the Sealife housing scam, on bail has been held.

The hearing was held at the High Court on Thursday, during which state prosecutors stressed that Mohamed is someone who has a record of attempting to flee and that he was also someone who went into hiding in the international arena.

According to online news outlet ‘Sun’, although a stay order on Mohamed’s passport is in effect, the state attorney had stressed that there are threats that he may escape “through the back door”.

Mohamed, native to Thinadhoo island in Vaavu atoll, who faces allegations of defrauding nearly 300 people after collecting payments from them for apartments allocated within the first phase of a housing project, was extradited to the Maldives on March 24. Interpol confirmed Mohamed’s arrest from neighboring Sri Lanka, to the Maldives Police Service (MPS) during February 2021 in connection to the scam.

The initial agreement between the Housing Development Corporation (HDC) and the government was to reimburse the nearly 300 tenants who had paid for apartments in 3,000 housing units. Most of the tenants had given both the booking fee as well as the down payment.

The five-year project between the Housing Development Corporation (HDC) and Sealife Global was announced back in 2014 and is a joint venture between the company…

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