Police investigating potential charges in BML card limit case

Police are now investigating BML's earlier decision to limit foreign transactions via cards and the events that followed the decision.

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[File] Bank of Maldives --

Ameera Osmanagic

2024-08-28 16:56:28

Maldives Police Service has revealed that it is currently investigating whether charges need to be pressed against any party or individual in connection to Bank of Maldives (BML)'s decision to limit foreign transactions via its credit and debit cards, which the government claims was an attempted financial coup by the opposition.

After BML decided to heavily restrict the foreign transactions last Sunday, Police issued a statement on Monday night stating that some political figures held a press conference coinciding with the Bank's decision which was against the government and carried out in a way which shocked the public.

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