At an MDP press conference, former Finance Minister Ibrahim Ameer said allegations of an attempted coup by the Muizzu administration would undermine international confidence in the Bank of Maldives. A criminal investigation has been launched into BML's decision to restrict US dollar support to Rufiyaa accounts, which was announced and reversed within hours on Sunday after MMA intervention.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
The decision by BML was announced and reversed within hours on Sunday after an intervention by the Maldives Monetary Authority (MMA) amidst significant public outcry.
Word for word from the report in Maldives Republic. Open the report
Former Minister of Finance Ibrahim Ameer speaks at a press conference on 27 August 2024. | File photo: MDP
Word for word from the report in Maldives Republic. Open the report
So now, how other international financial institutions will view the Bank of Maldives is something we have to consider
What was done, anyone with common sense would know that all these dots are connected, what was done is, just as Shiyam [Minister of Fisheries and Ocean Resources] also pointed out, an attempted coup, by those who did what they did [on Sund…
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
A criminal investigation has now been launched regarding BML’s decision to severely restrict US dollar support to Rufiyaa (MVR) accounts, which administration officials have called a “financial coup.”
Word for word from the report in Maldives Republic. Open the report
