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BML responds to ACC's 'unfounded' allegations against the bank

avas.mv/en/66822
11 Jul 2019

Bank of Maldives (BML) has denied Anti-Corruption Commission (ACC)'s allegations that employees of the the bank were involved in the MMPRC graft. President of ACC, Muawwiz Rashed on Tuesday stated at...

Central bank defends Governor; FIU was not influenced by Naseer

avas.mv/en/66794
10 Jul 2019

Central bank Maldives Monetary Authority (MMA) has revealed that governor Ahmed Naseer has never influenced the work of Financial Intelligence Unit (FIU). MMA said the allegations made against the go...

Dozens of Bank of Maldives staff implicated in historic embezzlement scheme

maldivesindependent.com/...
Mohamed Junayd 09 Jul 2019

The corruption watchdog has implicated dozens of Bank of Maldives staff in the Maldives’ biggest ever corruption scandal, in which millions of American dollars were funnelled into private bank account...

World Bank approves USD 30M towards strengthening public finances

en.sun.mv/54270
03 Jul 2019

The World Bank has approved finance to the Maldivian government for two operations totaling USD 30 million. The World Bank informed Maldivian Finance Minister Ibrahim Ameer of the decision of the Boar...

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...

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