The chairman of the Maldives Media Council (MMC), Shahubaan Fahmy, said on Monday that the money laundering charges did not mean he was a criminal and that he had no intention of resigning from his post. post of president.

Police issued summonses to Shahubaan at the police station on Wednesday night for questioning on money laundering charges. His brother, former MP Alhan Fahmy, was also ordered to appear for questioning on Tuesday on the same charges.

In an interview with Mihaaru News, Shahubaan said Maldivian law does not equate allegations to a convicted criminal. He said that until he is found guilty of the crime, he has no intention of stepping down from the elected post of chairman of an independent body in the Maldives.

“It’s another matter if I’m removed from office according to the rules and regulations of the council or by the members of the council. But there are no plans to resign [to resign] in connection with the allegations,” he said.

Regarding the charges, he said the company did not engage in any illegal activity. He pointed out that there are no legal regulations regarding trade in the Maldives.

“We did not engage in any illegal activity. There is no law in the Maldives that prohibits Forex trading.”

He had said that their work was now halted and that their existing agreements with their partners had also been suspended.

Alhan Fahmy said it was a defamation scheme against him by a group of people.

Alhan has currently halted his investment program and said he is working to repay all investors.