The United States has imposed sanctions against Ali Shiyam (VB Ayya)'s businesses including Vaaly Brothers and Eriyadu Investments for financing terrorism.
The US Department of Treasury Office and Foreign Assets Control (OFAC) has declared Ali Shiyam, who is also involved in the disappearance and murder of journalist Ahmed Rilwan Abdulla, a financier of terrorism.
Sanctions were imposed against a total of seven companies. These include Shiyam's family companies.
- Vaaly Brothers Pvt Ltd
- Golden Warriors Investment Pvt Ltd
- Shine X Investments Pvt Ltd
- Eriyadu Investments Pvt Ltd
- Jazeera Properties Pvt Ltd
- Vision Maldives Pvt Ltd
The US claims that Shiyam is linked to Ahmed Agleel (Kidoo), whom the government says is a terrorist. The United States has also imposed sanctions on three of Agleel's companies. They are Fuaha Construction Pvt Ltd, Designer Garage and Southern Stallions Pvt Ltd.
The US has imposed sanctions against a total of 30 local companies. These include five businesses run by three brothers of the Kuda Henveiru gang. They are Streets Investment Pvt Ltd, Street Motor Service, White Beach Watersports Pvt Ltd, Baum Pvt Ltd and Marco International Pvt Ltd.
