Financial coup attempt aimed to disrupt system: Saeed

Economic Minister Mohamed Saeed said connecting all the dots from recent events point towards a deliberate attempt by certain individuals to deliberately disrupt Maldives' financial system.

These comments were made in light of Bank of Maldives (BML)'s recent, but now reversed decision to severely restrict foreign transactions from debit and credit cards issued by the bank. With the key government officials including President Dr Mohamed Muizzu labelling the decision as an attempted financial coup, Maldives Police Service is now investigating the matter.