Maldives Monetary Authority denies knowledge of terrorist funding
Central bank takes issue with US department of state report
The Maldives Monetary Authority (MMA) has denied any knowledge of funds being raised on the islands to finance terrorist activities abroad – firmly rejecting the findings of a report published by the US department of state last month.
The report claims the Maldivian authorities were aware of funds being raised for this purpose, and cites reports – collected by the central bank – that highlight how criminal proceeds on the islands "come mainly from domestic sources".
The MMA has taken issue with
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