Three Bangladeshi nationals have been arrested on suspicion of illegally buying and selling foreign currency at inflated prices in the Maldives.

In a post made by the police on X, it was stated that the three individuals were arrested as a result of efforts made by the police in connection with information received through the hotline established to share information regarding parties conducting illegal foreign currency transactions.

The three individuals, who were arrested at some point yesterday, are Amir Sain, MD Meizanur Rahman, and Siraz Khan.

The police also stated that the investigation into the case is currently ongoing, and the measures to be taken against them will be decided based on further information and findings obtained from the investigation.

The police requested that information regarding parties engaging in acts of foreign currency exchange on a business basis illegally without a license be shared with the task force formed to investigate such cases. The police requested those wishing to submit cases to message the task force's operations number 9388733.