Bank of Maldives denies misinforming parliament
Deputy CEO Shareef is accused of committing perjury.

24 Jul 2019, 9:00 AM
The Bank of Maldives has flatly denied accusations that a top official deliberately misled parliament and committed perjury while testifying before the public accounts committee.
“The officials who gave information at the parliament on behalf of the bank relied on bank records and were truthful. In answering questions by MPs, the officials again relied on available bank records and answered honestly,” BML insisted.
Shareef was questioned by the oversight committee last week over the bank’s alleged role in the theft of more than MVR1.4 billion (US$91 million) from the state-owned Maldives Marketing and Public Relations Corporation, a corruption scandal of unprecedented scale in the country’s history.
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