Bank of Maldives stated on Thursday that the MVR 4.9 million embezzlement case has been filed at Police.
Initially, two employees from BML were suspended in relation to the case and an internet audit was started. Local media reports alleged that the two suspended from BML were a married couple.
In a short statement released by BML after the audit, the bank revealed that a male staff had used MVR 4.9 million from the bank for personal uses.
The statement by BML, also said that the staff in question had misused his power in dealing with internal accounts of the bank.
Furthermore, the statement noted that the case has been filed at Maldives Police Service for investigation and to take necessary actions.
BML had not revealed any further information about the case.
According to BML, there are strong policies and regulations an internal controls established in order to identify misconduct or neglect. The official further warned that BML would report any violations to investigative authorities, and take harsh action against perpetrators.
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