Three Bangladeshi nationals arrested over illegal high-rate foreign currency trading

Police have said three Bangladeshi nationals have been taken into Immigration custody for running unauthorized foreign currency buying and selling at high rates. Police said today that those arrested in connection with the case are Amir Hussain, MD Mizanur Rahman and Siraz Khan. They were taken into custody at a time yesterday, police said. Police said the three were arrested following police work based on information received by a hotline established for sharing information about parties conducting foreign currency transactions in violation of regulations. Police said the investigation into the case is still ongoing and that the steps to be taken against the three will be decided based on further information and findings from the investigation. Police have requested anyone who wants to share information about parties conducting foreign currency trading outside business principles without a money exchange business license issued by the Maldives Monetary Authority (MMA) to message the Taskforce operations number 9388733 to investigate such cases. Police said information can also be shared via messaging applications such as Viber and WhatsApp, in addition to SMS, to that number. Police thanked the public for the support received in such matters.