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Man exchanges foreign currency at a money exchange in Chaandhanee road, Male. Dhauru Photo/Mohammad Amaan

Maldives to deport 7 for dealing dollars on black market

The problem of appreciation of the dollar has increased due to illegal black-market dealings.

16 March 2024

By Shahudha Mohamed

The Maldives Immigration has decided to deport the foreigners who were arrested for dealing dollars on the black market.

Seven foreigners were arrested by the Immigration on the 9th of this month as part of the Homeland Security Ministry's policy to tackle the problems surrounding illegal immigrants.

Immigration Controller Mohammed Shamman Waheed announced on Friday that they will be deported, banned re-entry to Maldives.

The problem of appreciation of the dollar has increased due to illegal black market dealings.

On the arrest of seven persons in the recent operation targeting such illegal trade, Immigration said it had noticed illegal foreigners engaged in buying and selling dollars in the black market at the dollar ATM area set up by the Bank of Maldives (BML), in Male.

Immigration added in a press release on Thursday:

  • Immigration's Risk Intelligence and Legal Affairs and Enforcement and Compliance Division conducted special operations to identify such people

  • All those arrested in the operation are foreigners who trade in dollars illegally on the black market

  • These include foreigners living in Maldives without valid visas and foreigners working outside the permits issued

The Immigration Department will continue to expand these operations in the future to find a quick solution to the problems surrounding illegal immigrants.

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