Maldives Emergency

Maldivian President Muizzu accuses opposition of attempting financial coup

Maldivian President Mohamed Muizzu has accused the opposition of attempting to stage a "financial coup" and said all those behind the plot to topple his government would be brought to justice, media reports said on Tuesday. On Sunday, the Bank of Maldives (BML) suspended foreign transactions for existing debit cards, as well as new debit and credit cards linked to MVR accounts. It also lowered the monthly standard and gold credit card limit to USD 100. However, it reversed the decision within hours, saying it was based on instructions from its regulator, the Maldives Monetary Authority (MMA), The Edition news portal reported. Speaking at a party hub meeting of the ruling People's National Congress (PNC) on Monday night, President Muizzu said that he had worked to find a resolution for the Bank issue alongside his ministers as soon as he had become aware of the situation. He asserted that the bank's decision had been against his advice, the portal reported. Muizzu said that many had

Updated On: 27 Aug 2024 | 10:29 PM IST

Maldives govt warns India against interfering in its internal affairs

India yesterday said it does not see a valid reason for the Maldivian parliament to extend the emergency

Updated On: 23 Feb 2018 | 6:48 PM IST

Assertion by India over emergency extension a distortion of facts: Maldives

India said it did not see "any valid reason" for the extension of emergency in the Maldives

Updated On: 22 Feb 2018 | 11:18 PM IST

Opposition leaders detained as Maldives president declares 15-day emergency

Maldivian Democratic Party MP Eva Abdulla said all basic rights suspended and security forces have sweeping powers to arrest and search

Updated On: 05 Feb 2018 | 11:20 PM IST