Fayyaz Condemns Government’s ‘Attack on Free Press’
Opposition leader and Maldivian Democratic Party (MDP) Chairperson Fayyaz Ismail has condemned what he described as the government’s efforts to...
BML CEO Resigns Amid Allegations of Financial Coup
Karl Stumke, Managing Director and CEO of the Bank of Maldives (BML), has stepped down amid accusations that the bank’s...
Ratings Downgrade Shows Government Incompetence: MDP
Fitch Ratings downgrading the Maldives’ credit rating from CCC+ to CC highlights the administration’s incompetence in managing fiscal policy, the...
Coup Allegations Undermine BML Credibility: MDP
International financial institutions will now question the credibility of the Bank of Maldives (BML) after allegations of an attempted coup...
Government Directs BML Towards EGM, Seeks Board Member Appointments
Bank of Maldives (BML), at the direction of the Ministry of Finance, will hold an extraordinary general meeting (EGM) in...
BML Silent on Coup Allegation as Senior Government Officials Demand CEO Resignation
The Bank of Maldives (BML) has found itself at the centre of a political storm, with senior government officials alleging...
Police Probe Alleged Coup Attempt Following BML’s Suspension of Foreign Transactions
The Maldives Police Service (MPS) has launched an investigation into allegations that the opposition attempted to stage a coup d’état...
Around 4,500 Political Positions Created by Government: MDP
The Mohamed Muizzu administration currently employs 4,500 political appointees, the opposition Maldivian Democratic Party (MDP) has said. Ibrahim Ameer, Finance...
Ameer Blames Government’s Reliance on Projected Revenues for Maldives’ Financial Struggles
Former Finance Minister Ibrahim Ameer has attributed the Maldives’ current financial difficulties to an over-reliance on expected revenues, criticising the...
Opposition Leader Criticises Government’s Influence Over BML Following Deputy CEO’s Removal
Opposition leader and former economic minister Fayyaz Ismail has criticised the government for what he describes as “undue influence” over...
