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Yameen Warns BML CEO Shareef Will Be Held Accountable When Government Changes

Former President Abdulla Yameen warned that Bank of Maldives CEO Mohamed Shareef will be held accountable once the government changes, alleging Shareef made major financial decisions without board approval. Yameen also accused the government of undermining the bank's independence and using BML to raise funds by buying government treasury bills, bonds and financing state-owned companies' projects.

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Sources 1carried it 1 of 19 news outlets we monitor

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.

Who said what

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  • It is a place where the public has a stake. These things are being done without taking it to the board. Shareef should know that when the government changes, the law will follow him

    Abdulla Yameen Abdul Gayoom Maldives Republic Open the report (Maldives Republic)

  • It is not the finance department of the President’s Office. It is the people’s bank. Now large depositors are at a point where they would like to start withdrawing from the bank

    Abdulla Yameen Abdul Gayoom Maldives Republic Open the report (Maldives Republic)

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