Police ask banks to track people trading large amounts of dollars
31 Mar 2011, 2:22 PM
Ahmed Nazeer
The police have met with the senior officials of local and international banks based in Male’ to track persons who are found to buying dollars continuously, in a crackdown on the trading of dollars in the Maldives.
There are people who take advantage of dollars provided by the banks for persons who require travel abroad for medical purposes, said police.
“Police asked the banks to identify those who take advantage of the dollars that are supposed to be provided to people who need the money for medical purposes, and to share this information with us,” police said.
Police said they also discussed with banks about how to resolve the issue and what measures would be more effective.
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