Ex-President vs Present President in MALDIVES

CRITICAL JUDGEMENT

Both DRP & MDP members & supporters identify barriers, hazards, risks and other negative connotations. This is critical thinking, looking for problems and mismatches. This is usually natural for people to use, the issues with it are that people will tend to use it when it is not requested and when it is not appropriate, thus stopping the flow of others.

Preventing inappropriate use of the HITH THIRI KURUN is a common obstacle and vital step to effective group thinking. Another difficulty faced is that some people will naturally start to look for the solutions to raised problems - they start practicing emotional on HITH THIRI KURUN thinking before it is requested.

Commercial examples are:

• Will be facing strong competition
• What if we cannot get enough contribution together to support
• We might not be able to make it cheaply enough for us & supporters to sustain it
• There will be too much political opposition to this approach
• There is a risk that new legislation will make this makes unattractive

Examples from the referenced historical trends are:

• Time is wasted
• Learning is compromised
• Those speaking feel that HITH THIRI KURUN listeners do not respect them and do not wish to hear what they are saying
• Flow of discussion is less clear

Critical thinking

Critical thinking is purposeful and reflective judgment about what to believe or what to do in response to observations, experience, verbal or written expressions, or arguments. Critical thinking might involve determining the meaning and significance of what is observed or expressed, or, concerning a given inference or argument, determining whether there is adequate justification to accept the conclusion as true. Hence, Fisher & Scriven define critical thinking as "Skilled, active, interpretation and evaluation of observations, communications, information, and argumentation."^[1] Parker & Moore define it more narrowly as the careful, deliberate determination of whether one should accept, reject, or suspend judgment about a claim and the degree of confidence with which one accepts or rejects it.

Critical thinking gives due consideration to the evidence, the context of judgment, the relevant criteria for making the judgment well, the applicable methods or techniques for forming the judgment, and the applicable theoretical constructs for understanding the nature of the problem and the question at hand. Critical thinking employs not only logic but broad intellectual criteria such as clarity, credibility, accuracy, precision, relevance, depth, breadth, significance and fairness.

In contemporary usage "critical" has the connotation of expressing disapproval which is not always true of critical thinking. A critical evaluation of an argument, for example, might conclude that it is good.

POLITICALLY MOTIVATED CRITICAL JUDGEMENT

Mohamed Amin Didi was a Maldivian political figure. He served as the first president of the Maldives and as the head of government between January 1, 1953 and August 21, 1953. Amin Didi was also the principal of Majeediyya School from 1946 to 1953.

Mohamed Amin Didi was the leader of the first political party in the Maldives, Rayyitunge Muthagaddim Party. He was well known for his efforts for the advancement of women and education in Maldives.

With the support of the people he abolished the 812 years old sultanate and became the first president of the Maldives on 1 January 1953. But he always supported a constitutional Monarchy.

After the death of Sultan Majeed Didi and his son Prince Hassan Fareed Didi, the members of the parliament chose Mr Amin Didi to be the next person who is capable to be as a sultan. But the same moment he stood up and shouted that "for the sake of the people of Maldives I would not accept the crown and the throne". And so a referendum was held and Maldives became a republic. But the republic was short lived and a revolution was brought by the people of Male`,while the president was in Ceylon for medical treatment.

Velaanaagey Ibaraahim Didi ,the vice president of Amin became the head of revolutionary government and ordered to arrest Mr Amin Didi as soon as he returned. Mr Amin Didi was not aware of these events which had taken place in his absence and he returned to the country ignorant of what have happened .

When he returned, he was arrested and taken to Dhoonidhoo island. He was told on the way that he is not any more the president. Four months later after his arrest, secret letters were exchanged between him and Ibrahim Hilmy Didi, to bring an end to this revolutionary government and to restore the monarchy. Ibrahim Hilmy as the king and Amin Didi as the prime minister. (Mr Ibraahim Hilmy lied to Amin Didi by saying that the people are still on his side).And ome might Amin didi came to male and tried to take control of badeyrige (Military HQ). People were so angry that he was beaten nearly to death. Then he was thrown into a small boat (bohkuraa near male).

Later the leaders of this small rebel group who wanted Mohanmed Amin as their leader were brought to court including Mohamed amin didi ,Ibrahim Hilmy Didi and Shamsuddin Hilmy Didi. These three people were sentenced to banish for life.

Mohamed Amin was banished to K.Gaafaru,Ibraahim Hilmy was Banished to K.gulhi and shamsuddin Hilmy was banished to K.hinmafushi.

As the former presidents health became deteriorating he was brought to Vihamanaa fushi Island (now kurumbaa village). On 19 January 1954,the first president of Maldives,a leader who tried his best to modernise his country died.A small funeral was held on vihamanaa fushi and he was buried in that island.His daughter Al nabeela Ameena attended to the funeral.

Ibrahim Nasir Rannabandeyri Kilegefan

Ibrahim Nasir Rannabandeyri Kilegefan who served as Prime Minister of the Maldives under Sultan Muhammad Fareed Didi from 1957 to 1968 and succeeded him to become the first President of the Second Republic from 1968 to 1978.

Nasir was widely criticised during Gayoom's regime. Especially during the first days of Gayoom after sworned in as president. There were massive rallies in almost all the big islands of Maldives with indecent cartoons of Nasir organized by Gayoom's government. There were cartoons of Nasir on the roads and on newspapers too. Horrible anti-Nasir songs were recorded and distributed by the government. These songs were even played on national radio. Offensive words were used for Nasir in these songs. These songs and cartoons were used in the rallies.

It is said until Nasir left Male' Gayoom praised Nasir and talked in favour of him (As in his first speech after sworned in as president). But after Nasir left Male' everything changed. After he left Male', mass demonstrations were held against him, labeling him traitor, calling death for him. He was tried in absentia and sentenced. However, the allegations against Nasir were never proven. Later Gayoom pardoned him.

Ibrahim Nasir exiled in Singapore on 7 December 1978 after resigning from his post. In 1981, Gayoom sentenced him to jail in absentia for alleged corruption charges and plotting a coup d'état; none of the allegations were proven and Nasir was pardoned.

On November 22, 2008, at the age of 82, Nasir died at Mount Elizabeth Hospital in Singapore.^[3] Though the cause of death is unknown,^[4] he had kidney problems, which plagued him in the time before his death.^[1] Nasir's body was flown to the Maldives, where his body was displayed in Theemuge, the presidential palace in Malé, on November 23.^[4] The day was declared a national holiday in the Maldives, and tens of thousands of Maldivians flocked to see Nasir's body, which was displayed at a ceremony in Republican Square before going to Theemuge.^[5] At the presidential palace, current President Mohamed Nasheed and former President Maumoon Abdul Gayoom were among those who paid their respects to Nasir.

The MALDIVES first president Ibrahim Nasir has died age of 82, in Singapore on Saturday after a long illness. 1968 to 1978.

Idi Amin Dada (c.1925 – 16 August 2003), commonly known as Idi Amin, was a Ugandan military dictator and the President of Uganda from 1971 to 1979. Amin joined the British colonial regiment, the King's African Rifles, in 1946, and eventually held the rank of Major General and Commander of the Ugandan Army. He took power in a military coup in January 1971, deposing Milton Obote. His rule was characterised by human rights abuses, political repression, ethnic persecution, extrajudicial killings and the expulsion of Asians from Uganda.

From 1977 to 1979, Amin titled himself as "His Excellency, President for Life, Field Marshal Al Hadji Doctor^[3] Idi Amin Dada, VC, DSO, MC, Conqueror of the British Empire." In 1975–1976,

Amin fled to Libya, before moving to Saudi Arabia in 1981, where he died in 2003.

Amin's army retreated steadily, and despite military help from Libya's Muammar al-Gaddafi, he was forced to flee on 11 April 1979 when Kampala was captured.

He escaped first to Libya and ultimately settled in Saudi Arabia where the Saudi royal family paid him a generous wage in return for his staying out of politics.

Amin held that Uganda needed him and never expressed remorse for the nature of his regime. In 1989, he attempted to return to Uganda, apparently to lead an armed group organised by Colonel Juma Oris. He reached Kinshasa, Zaire (now the Democratic Republic of the Congo), before Zairian President Mobutu forced him to return to Saudi Arabia.

IDI Amin's death

On 20 July 2003, one of Amin's wives, Madina, reported that he was in a coma and near death at King Faisal Specialist Hospital in Jeddah, Saudi Arabia. She pleaded with Ugandan President Yoweri Museveni to allow him to return to die in Uganda. Museveni replied that Amin would have to "answer for his sins the moment he was brought back." Amin died in Saudi Arabia on 16 August 2003. He was buried in Ruwais Cemetery in Jeddah; according to the Associated Press's sources, few attended the funeral ceremony.

Qayyoom from DRP (Desaster Recovery Plan) to safe exit,

from safe exit to FIRE EXIT.

Ex-President Qayyoom & President Nasheed’s (ANNI) political DRAMA’s are most interesting exiting political ZIETGIEST in Maldivian modern history.

As a political analyst & writer I may be wrong I have been wrong in Qayyoom’s government many times & sent BEHIND BARS & banished. It is very interesting in local politics to make an analysis about present political situation but it is dangerous profession every where in the world.

Some people predict that ANNI’s Hith Thiri Kurun ( act as down to earth while celebrating victory) may have chance Qayyoom to be a STAE GOOD WILL EMBISSODOR for Environment to promote Maldives as a XERO CARBON country.

May be due to his political hidden agenda in DRP has confused the members.

Qayyoom has to answerable following stakeholders in DRP.

1-Qassan Maumoon why he failed competing with Thimarafushi Musthafa after making marketing GIMMICS in public media.

2-Abdulla Yamin, after PA alliance is that all about blasphemous of ANNI’s government or presidency for year 2013.

3-Ahmed Thasmeen Ali has faced numeric damages since he attempted to secure DRP & Qayyoom in presidential election. Who secure his political interest Qayyoom or Yameen.

Some Maldivians believe the best option for DRP future with young bloods has batter options if Qayyoom not involve in local politics.

The self exile model or asylum model for Qayyoom is not a bad option for time been since history of Maldives has bad practice with ex-presidents.

Most likely VISE PRESIDENT OF MALDIVES IN 2013

There is a unpredictable scenario in present political reality of Maldives. During 1980’s & 1990’s there is HUGE DEMAND for CLUB FOOTBALL the present situation is deferent public demand & spectators presence was not there.

The same might happens if AHMED THASMEEN migrate to MDP with his parliament group & that may solve his NUMARIC CHALLENGES too.

If this take place there will be no political demand with public excitement as spectators. The political spectators will say now there is no interest since MDP has majority in parliament everything will move according to MDP manifesto for 5 years.

If so AHMED THASMEEN will be MDP’s next VICE PRESIDENT OF MALDIVES in 2013 without YAMEEN & QASSAN & ANNI may complete his second terms of office.

Why Maldivians concern about Qayyoom still some people really dont know THE REAL QAYYOOM he will attend RIYAASEE COMMITEE we should forget how he operate during Nov 3rd 1988 & his visit to cemetry while EVAN NASEEM dead body SAHARA Pls. dont under estimate Qayyoom still ANNI & Qayyoom knews Maldivian political DRAMA both of them are best political manipulators in Modern Maldian history.

By Adam Rasheed Ahmed

wowmaldives@hotmail.com

wowmaldives@gmail.com

DEMOCRATISATION IN MALDIVES AS ECONOMIC TSUNAMI & CASH FLOOR VACUUM

By Adam Rasheed Ahmed:

It is much safer for an academic to write a flawless work on a picayune topic than to explore an interesting topic and make some mistakes along the way. In The Political Economy of Dictatorship,

By “Ronald Wintrobe”

Mr Ali Shiyam, Economic Advisor to the President, was appointed as the Chairman of the Commission and Sheikh Hussain Rasheed Ahmed, President of Adhaalath Party, was appointed Joint-Chair.

The commission was formed under Article 115(o) of the constitution, to undertake its mandate independently with full legal powers. The commission will have the authority to summon, interrogate and take statements from any person alleged to have misappropriated state funds and resources, with a view of using these records as evidence in the courts. The commission will also have the authority to restrict movement of suspects including confiscation of passports and freeze relevant bank accounts.

Maldives it’s about 1,900 islands, only 198 are inhabited 380,000 people wih 100 world renown tourist resorts.

An ancient times the Maldives were renowned for cowries, coir rope, dried tuna fish (Maldive Fish), ambergris (Maavaharu) and Coco de mer (Tavakkaashi). Local and foreign trading ships used to load these products in the Maldives and bring them abroad.

Nowadays, the mixed economy of the Maldives is based on the principal activities of tourism, fishing and shipping.

Tourism is the largest industry in the Maldives, accounting for 28% of GDP and more than 60% of the Maldives' foreign exchange receipts. It powered the current GDP per capita to expand 265% in the 1980s and a further 115% in the 1990s. Over 90% of government tax revenue flows in from import duties and tourism-related taxes.

Fishing is the second leading sector in the Maldives. The economic reform program by the government in 1989 lifted import quotas and opened some exports to the private sector. Subsequently, it has liberalized regulations to allow more foreign investment.

Agriculture and manufacturing play a minor role in the economy, constrained by the limited availability of cultivable land and shortage of domestic labour. Most staple foods are imported.

Industry in the Maldives consists mainly of garment production, boat building, and handicrafts. It accounts for about 18% of GDP. Maldivian authorities are concerned about the impact of erosion and possible global warming in the low-lying country.

The population is scattered throughout the country, and the greatest concentration is on the capital island, Malé. Limitations on potable water and arable land, plus the added difficulty of congestion are some of the problems faced by households in Malé.

Development of the infrastructure is mainly dependent on the tourism industry and its complementary tertiary sectors, transport, distribution, real estate, construction, and government.

The International media describe ex-HEP President Maumon abdull Qayyom is the man who change Maldives changed FISHING VILLAGE as a one of the fine tourism destination.

The history shown the TOURISM in Maldives has introduced late Ibrahim Nasir. Ever since the launch of the first resort in Maldives in 1972, however, tourism in Maldives has flourished.

The arrival of the first tourist group is estimated to have occurred in February 1972. The group landed at Malé, the capital island of the Maldives, and spent 12 days in the country. Tourism in Maldives started with just two resorts with a capacity of about 280 beds in Kurumba Village and Bandos island Resort.

According to published data’s, tourism benefits directly & indirectly only about 10% of the population in Maldives.

The majority of Maldivians agreed to changed Qayyoom’s government by public referendum for following reasons.

1-Equal distribution of wealth

2-Unfare of judiciary practice

3-Humanrights

4-Religious issues

5-Nipotism

6-Corruption

7-Drug & related issues

9-Freedom of speech & media

10-Monopolising the opportunities for 30 years & dictating Politics against full flag democracy.

Dictators therefore place more emphasis on building networks of loyalty to compensate for the weakness of democratic enforcement mechanisms; they also tend to lash out at bonds of loyalty that allow other members of society to enforce agreements potentially at odds with the dictator’s wishes. Thus, according to Wintrobe,

Stalin may have been extraordinarily ruthless, but he was not irrational if we look at the effects of the terror from his point of view. . . . He transformed the CPSU, especially its upper echelons, from an organization dominated mainly by Old Bolsheviks whose loyalties were primarily to the CPSU itself (or to each other) into an elite which was entirely of Stalin’s own making.

Top-down (“vertical”) loyalty networks keep the dictator in power; “horizontal” loyalty networks enable the dictator’s followers to enrich themselves at the expense not only of the ruled but possibly of the ruler as well.

Dictators create loyalty the same way firms do: by paying “efficiency wages“wages in excess of a person’s opportunity cost. Wage premiums obviously give a dictator’s supporters an extra benefit, but that benefit can be withdrawn for disloyalty. In fact, in a dictatorship,

The Economist Intelligence Unit’s Index of Democracy 2008

The results of the Economist Intelligence Unit's Democracy Index 2008 confirm that, following a decades-long global trend in democratisation, the spread of democracy has come to a halt. Comparing the results for 2008 with those from the first edition of the index, which covered 2006, shows that the dominant pattern in the past two years has been stagnation. Although there is no recent trend of outright regression, there are few instances of significant improvement.

However, the global financial crisis, resulting in a sharp and possibly protracted recession, could threaten democracy in some parts of the world.

This is the second edition of the Economist Intelligence Unit’s democracy index. It reflects the situation as of September 2008. The first edition, published in 2006 in the Economist's World in 2007, reflected the situation in September 2006.

The Index provides a snapshot of the current state of democracy worldwide for 165 independent states and two territories (this covers almost the entire population of the world and the vast majority of the world's independent states (27 micro states are excluded). The Economist Intelligence Unit’s democracy index is based on five categories: electoral process and pluralism; civil liberties; the functioning of government; political participation; and political culture. Countries are placed within one of four types of regimes: full democracies;

Half of the world’s population lives in a democracy of some sort, although only some 14% reside in full democracies. Despite the advances in democracy in recent decades, more than one third the world’s population still lives under authoritarian rule.

The relationship between the level of development (income per head) and democracy is not-clear cut. There is an apparent association; the simple correlation between our democracy index for 2008 and the logarithm of GDP per head (at PPP US$) in 2007 is just under 0.6. This may look even surprisingly low—it implies that in a simple two-variable regression of the democracy index on income per head, just over one third of the inter-country variation in democracy is explained by income levels. If we also control for oil wealth & etc.

Aftermath of Dictator & Maldives Economy:

Aftermath of Qayyoom’s dictatorship the Maldives economy was badly effected for following reasons:

1-Both MDP & DRP was using economy as a tool.

2-MDP has pointed out lot of corruption & fraudulent claims to DRP

3-DRP has positive relation to MMA

4-DRP has full control of Citizens Majlis(Parliament)

5-M.Nasheed’s government fully control the state funds & wastage of Government spending.

6-M.Nasheed’s government minimized the size of government administration.

7-M.Nasheed’s government interrupted DRUG related transaction.

8-M.Nasheed’s government minimized or controlled corruption related deals

9-Tourist arrivals decreased about 15 %

10- Narcotics, which has deeply affected the social fabric of the Maldives, effected badly worth about US$10 million, for those involved in trafficking it through his country.

11-International regulatory bodies has pressure on 2005 Maldives Government to establish ( F I U ) Financial Intelligence Unit up to President Nasheed Government this was ignored systematically. The Maldives is developing its anti-money laundering and combating the financing of terrorism system. The Maldives is in the process of drafting anti-money laundering and combating the financing of terrorism laws. The Maldives has not yet established a Financial Intelligence Unit but is developing a system for reporting suspicious transactions.( APG ) Maldives becam e member 2008

12- International regulatory bodies has pressure Maldives Government to establish SNIFFING DOGS checking in both customs port regulation with LAW namely THILAFULHI & ships direct call to other Island ports in Maldives.

13- Airport Security Agency / Remote Airport Needs Tighter Security

Anonymous writes:

Maldives — Airport security and those trained for security functions are inadequate at Male International Airport in the Maldives. The International Civil Aviation Organization believes "the Ministry of Tourism and Civil Aviation is not concerned enough with training security personnel." Although many may have no idea where the Maldives are, it has just the kind of remote international airport with slack security that terrorists look to exploit.

14-The dictator Qayyoom has planted his stakeholders & controls most influential independent areas of Maldives other than MNDF ( Maldives National Defence Force ) & Maldives Police Services. Therefore Nasheed’s government has stiffness in terms of democracy to a deal with International & local authorities to investigate dictator SCANDALS & BIRBERY related issues to get state funds.

United Nations Office on Drugs and Crime

EXECUTIVE SUMARY

· Findings from a rapid assessment in 2003 confirm that opiates (mainly heroin) and

cannabinoids (mainly hashish) are the most frequently used drugs. About 8%

reported IDU and half of these had started injecting before the age of 17 years. About

half reported sharing of syringes ‘ever’. A variety of sexual risk behaviours were

reported.

· The country is aware of the various factors which may threaten a drug-driven HIV

epidemic (sexually active young population, the importance of blood transfusions in

public health) and has taken countermeasures.

· Seizures of heroin by Indian and Sri Lankan authorities destined for the Maldives

appear eight times the average annual seizures within in the country itself by the

Maldivian authorities. Considering the small size of the country, this trend is a matter

of great concern.

· The Maldives is very well connected with the outside world through its international

airport and sea ports. It is potentially vulnerable as a point for the illegal shipment of

precursor chemicals or large quantities of drugs destined for other countries.

GORM officials fear

Maldives has the potential to become a transshipment point for drug smugglers. Most drugs come into the

country by sea, but the Maldivian Customs Service and police find it impossible to search all ships

adequately. The GORM has discussed using drug-sniffing dogs to help search vessels, but opposition to

the proposal, in part over questions of cost effectiveness, has prevented the project’s implementation

The Republic of Maldives consists of 1,100 islands in the Indian Ocean with a comparatively small, but growing, drug problem. The fact that children under 16 constitute 50 percent of the population makes police and UN officials wary of the high growth potential for drug abuse in the country. Police, however, think they can still control the sale of drugs on the streets of the capital, Male'. Police officials believe the country's 25,000 foreign workers, mainly Indians and Sri Lankans who work in the country's resorts, conduct most of the trafficking. The U.S. has received reports from informed observers who note that an epidemic of heroin abuse (in the form of brown sugar, a relatively unrefined version of heroin suitable for smoking, not injection) by Maldivian youth may be under way in the Maldives.

Officials fear that the Maldives might become a transshipment point for drug smugglers. Most drugs come into and through the country by ship, but the customs service and police find it impossible to search all ships adequately. The government has discussed using drug sniffing dogs to help search vessels, but strong cultural resistance to dogs and opposition in part over questions of cost effectiveness, prevent the project's implementation.

The Government of the Republic of the Maldives (GORM), assisted by $25,000 in USG funding, began to computerize its immigration record-keeping system in 1993 in an attempt, among other things, to track the movements of suspected drug traffickers. The U.S. provided another $33,000 between 1996 and 1998 to the GORM to expand this computer system with additional computers and microwave networking technology.

In November 1997 the GORM established a Narcotics Control Board (NCB) under the Executive Office of the President. The Board's first commissioner, a lieutenant colonel, has concurrent duties as Deputy Commissioner of the Maldivian National Security Service.

The NCB coordinates drug interdiction activities, oversees rehabilitation of addicts, and coordinates actions of NGOs and individuals engaged in counternarcotics activities. In 1997 the GORM also established the country's first drug rehabilitation center with space for several dozen clients. The government launched a national antidrug program in 1998 and sent teams to increase drug awareness and assist with drug detection to 11 of the 19 atolls. The Italian government donated funds in 1998 for drug rehabilitation training.

The Republic of the Maldives has no extradition treaty with the United States. In 1994, however, the Maldives cooperated with the U.S. in rendering a Nigerian national to the U.S. to face narcotics trafficking charges. The GORM has signed the 1988 UN Drug Convention, although the country's legislature has not ratified the Convention. The South Asian Association for Regional Cooperation (SAARC) Convention on Narcotic Drugs came into force in the Maldives in 1993. The Drug Action Program of the Colombo Plan has conducted training for Maldives prison authorities and other interested officials in controlling abuse of narcotics among prison inmates. No evidence exists of narcotics-related corruption in the Maldives.

In 1998, the UNDCP donated computers to the NCB to assist efforts to control precursor chemicals. Although some in the Maldives hope to establish the country as an offshore financial center, its antiquated banking laws and regulations and currency controls present challenges. No laws specifically address money laundering or seizure of assets.

Bureau of Economic, Energy and Business Affairs

February 2009

Overview

CORRUPTION

Corruption is a serious problem in Maldives, and the new government has vowed to fight it. The World Bank's Control of Corruption Index for Maldives shows a steady decline in recent years from +0.06 in 2003 to -0.15 in 2004, -0.32 in 2005, -0.51 in 2006 and -0.78 2007. Transparency International's Corruption Perception Index surveyed Maldives for the first time in its 2007 index and Maldives ranked 84 with a score of 3.3 out of a possible 10. In 2008, Maldives slipped 31 places and ranked 115 out of 180 countries with a score of 2.8.

The law on prevention and punishment of corruption (2002) defines bribery and improper pecuniary advantage and prescribes punishments. The law also outlines procedures for the confiscation of property and funds obtained through commission of the included offenses. An Anti-Corruption Commission was created in December 2008 following the passage of the Anti Corruption Commission Act. The responsibilities of the Commission include inquiring into and investigating all allegations of corruption; to recommend further inquiries and investigations by other investigatory bodies; and to recommend prosecution of alleged offences to the Prosecutor General, where warranted. The Anti-Corruption Commission is empowered to handle cases of corruption of members of parliament. It cannot investigate corruption in the private sector.

In March 2007, the Maldives acceded to the United Nations Convention against Corruption.

Campaigners urge banks to shun dictators

Banks are facilitating international corruption by doing business with the world's dictators, according to a report today by an anti-corruption campaign group. Global Witness calls for banks to work harder to turn away business from individuals who pose a corruption risk. It also demands an end to tax haven "secrecy jurisdictions", saying: "The most important change is to ensure that every country produces full public online registers of the ultimate beneficial ownership of all companies and trusts."

Banks named in the report include Barclays, who the campaign group says kept open an account for the son of the dictator of Equatorial Guinea, despite evidence of looting of oil revenues. Barclays declined to comment because of client confidentiality. Other banks "hid behind bank secrecy laws" to frustrate US inquiries, the report says.

Banks are also alleged to have facilitated the activities of Liberian warlord Charles Taylor, now on trial at The Hague for war crimes. A German bank is alleged to have assisted the late president of Turkmenistan to keep gas revenues under his personal control.

Dozens of other international banks are accused of providing oil-backed loans to the state oil company of Angola, which has been accused of corruption and secret arms deals.

Gavin Hayman, campaigns director of Global Witness, said: "The same lax regulation that created the credit crunch has let some of the world's biggest banks facilitate the looting of natural resource wealth from poor countries.

"Government must take responsibility to stop banks doing business with corrupt dictators and their families."

GDP MALDIVES

Economy, Investment & Finance Reports

Economic Statistics and Indicators for Maldives, for the Year of 2008

GDP Per Capita (PPP), US Dollars for Maldives in year 2008 is US$ 4,950.77

This makes Maldives No. 110 in world rankings according to GDP Per Capita (PPP), US Dollars in year 2008. The world's average GDP Per Capita (PPP), US Dollars value is US$ ; Maldives is US$ 4,950.77 more than the average.

In the previous year, 2007, GDP Per Capita (PPP), US Dollars for Maldives was US$ 4,585.08 GDP Per Capita (PPP), US Dollars for Maldives in 2008 was or will be 7.98% more than it was or will be in 2007.

In the following or forecasted year, 2009, GDP Per Capita (PPP), US Dollars for Maldives was or will be US$4,931.89 , which is 0.38% less than the 2008 figure.

Gross Domestic Product (GDP)
The contribution of Travel & Tourism to Gross Domestic Product is expected to decline from 59.7% (MVR10,782.8 mn or US$842.4 mn) in 2009 to 47.9% (MVR16,423.5 mn or US$1,283.1 mn) by 2019.

Employment
The contribution of the Travel & Tourism economy to employment is expected to fall to 59,000 jobs in 2009, 51.5% of total employment or 1 in every 1.9 jobs to 63,000 jobs, 41.4% of total employment or 1 in every 2.4 jobs by 2019.

Growth
Real GDP growth for Travel & Tourism economy is expected to be -10.1% in 2009 and to average 2.2% per annum over the coming 10 years.

Exports
Export earnings from international visitors and tourism goods are expected to generate 61.3% of total exports (MVR7,772.4 mn or US$607.2 mn) in 2009, growing (nominal terms) to MVR12,150.9 mn or US$949.3 mn (40.1% of total) in 2019.

These are some reason why Maldives economy has madly effected & it seems that DEMOCRATIZATION has created economic TSUNAMI & CASH FLOOR VACUUMED.

The majority cash rich giants has bought US Dollars higher than the regulated US Dollar rate (Maldivian Ruffiya 12.85) the unhealthy BLACK MARKET created USD buying rate as (Mrf: 14.50 )

Banks Managers & Resort Managers has indirectly enjoys about what’s happening in the financial Market & regulator MMA (Maldives Monetary Authority) may be not aware there is public advertisement out side windows of local shops & Daily news media has pictured the Ads which is not allowed in MMA monetary regulation to sell or buy USD higher or lower than the MMA certified rate.

Adam Rasheed Ahmed:

wowmaldives@hotmail.com

wowmaldives@gmail.com