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Ex-central bank unit head 'powerless' to stop tourism graft

avas.mv/en/66389
02 Jul 2019

The former head of the central bank's Financial Intelligence Unit (FIU) Athif Shakoor on Tuesday defended his implication in the largest corruption scandal in the history of the archipelago by insisti...

Auditor General's Office points finger at bank over MMPRC cheques

avas.mv/en/66148
27 Jun 2019

Auditor General's Office on Thursday revealed that the negligence of banking institutions is significant in the embezzlement of state funds through Maldives Marketing and PR Corporation (MMPRC). Maldi...

World Bank approves USD 20M towards creation of new jobs in Maldives

en.sun.mv/54042
16 Jun 2019

World Bank has approved a USD 10 million loan and an additional USD 10 million in grant assistance to Maldives towards creation of employment opportunities in the country. World Bank reports the finan...

World Bank to provide USD20m to increase youth employment

mbr.mv/5794/
Editorial 16 Jun 2019

The World Bank has decided to provide USD20 million in loans and aid to the Maldives to increase youth employment. The bank decided to provide this money during a Board of Directors meeting held last...

SME bank ready to issue MVR 23M in loans

en.sun.mv/54003
13 Jun 2019

Small and Medium Enterprises Development Finance Corporation (SDFC) is ready to issue MVR 23 million in loans, says the President’s Office. Speaking during a press conference by President’s Office thi...

SME Bank prepares to provide MVR23m loans

mbr.mv/5766/
Editorial 13 Jun 2019

The SME Development Finance Corporation (SDFC) is prepared to provide loans of MVR23 million to applicants. This announcement was made by the Chief Communications Strategist of the President’s Office...

State asks Supreme Court to freeze former president's bank accounts

raajje.mv/en/news/56333
Aishath Shaany 16 May 2019

A hearing in the state’s appeal case regarding High Court’s decision to unfreeze former President Abdulla Yameen’s bank accounts, was held on Thursday. The former president’s accounts were frozen in D...

State appeals verdict to unfreeze Yameen’s bank accounts

raajje.mv/en/news/56131
Humaam Ali 13 May 2019

The state has appealed the verdict to unfreeze former President Abdulla Yameen’s bank accounts. On December 14, last year, the police froze Yameen’s accounts, which had over MVR 100 million, over a ca...

Bank Of Maldives continues winning streak with MVR1.6bn in profits

mbr.mv/5047/
Mohamed Rehan 11 Apr 2019

The Bank of Maldives – national bank of the island nation – released their annual report for 2018 on Thursday, 11 April stating strong business performance and increased profit for the entire run of l...

Netanyahu vows to annex West Bank settlements if re-elected

en.sun.mv/53111
07 Apr 2019

JERUSALEM (AP) — Israeli Prime Minister Benjamin Netanyahu pledged Saturday to annex Jewish settlements in the occupied West Bank if re-elected, a dramatic policy shift apparently aimed at rallying hi...

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