Difficult to obtain information from banks, no proper monitoring by MMA: ACC

The Anti-Corruption Commission (ACC) stated today that obtaining information from banks in the Maldives for investigations into corruption and fraud cases is very difficult and raised concerns about the Maldives Monetary Authority (MMA)'s lack of adequate monitoring of the banking system.

Speaking at the parliament's Committee on Independent Institutions, ACC President Adam Shamil stated that the commission had made multiple attempts to obtain information from banks, but they have encountered no progress in this regard.