2 unlicensed foreign currency exchangers shut down
They were engaged in foreign currency exchange without a license.
Two unlicensed foreign exchange businesses were stopped in an operation by police and the economic ministry.
Some details of the operation were revealed in a message sent to the media on Wednesday.
Police said one of the places stopped in the first operation conducted on Tuesday was Transfer Maldives. They were engaged in foreign currency exchange without a license, police said.
The second operation was conducted on Wednesday by the police.
The police said:
-
Kaashi boat souvenir shop was raided for illegal foreign exchange transactions without permission
-
The shop's permit to operate has now been temporarily revoked
Related
Related
Police ask public to report unlicensed foreign currency trading
Govt policies have set economy back 15–20 years, Fayyaz says
Rahaa, South Palm resorts named for failing to exchange dollars
