Friday, January 23, 2009

BML CEO set to leave this month


CEO of Bank of Maldives is scheduled to leave to her country on the 25th of this month. Although there has been no official statement on the issue, a senior official of the bank said that it has been said so and that there are signs of it being true.

Minister of Finance and Treasury Ali Hashim said that there has been such reports and that they are discussing with related authorities, but that he would not reveal anything formally now.

Miadhu News learns that although the government has assigned and announced a new board of directors for Bank of Maldives, the newly installed Board is yet to assume any responsibility. Minister Ali Hashim has also said that the changes could be brought after holding a bank meeting and that it would take around 3-4 weeks for formalities to be completed.

The Audit Report recently publicized by the Auditor General states that actions taken by CEO of Bank of Maldives without consulting the board of directors has caused huge losses the bank and that the CEO has allegedly used bank finance for personal benefit.

Therefore, a lot of people are concerned that the CEO of Bank of Maldives is set to leave the country without being held accountable for her actions at a time when the President and Finance Ministry is looking into alleged corruption involving the Bank of Maldives scandal.

Source: miadhu.com.mv

1 comment:

Anonymous said...

Let us fley her alive.