2 unlicensed foreign currency exchangers shut down
They were engaged in foreign currency exchange without a license.
Top Stories
-
Zihaan remanded for 15 days over state institutions arson warning
-
Civil Court judge Ihusaan resigns amid sexual harassment probe
-
Police investigate gang rape of 22-year-old woman
-
Speaker’s pay to rise to MVR 95,000, ministers’ to MVR 75,000
-
Flooding affects 90% homes in Fiyoaree after overnight rainfall
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
MMA fines MS Finance MVR 500,000, suspends licence
MMA restricts dollar sales for overseas treatment to 6 countries
MDP warns economy faces risk of collapse amid dollar shortage
