what ruckus has broken out in maldives now who conspired to overthrow muizzu

Maldives President Mohammad Muizzu has accused the opposition of plotting an economic coup. Muizzu says that strict action will be taken against those conspiring against his government. According to the report, Maldives’ government bank Bank of Maldives (BML) has banned foreign transactions from existing and new debit cards linked to MVR accounts. Along with this, the monthly limit of standard and gold credit cards was also reduced to $ 100. However, this decision was withdrawn within a few hours. Muizzu said in a meeting of the ruling People’s National Congress that as soon as he came to know about the situation, he worked with his ministers to find a solution to the bank’s issue. The bank’s decision was against his advice.

The Bank of Maldives’ announcement was made despite his order. It is now being investigated. President Muizzu, speaking at a party gathering, expressed concern over the impact of the suspension. He stressed that the bank’s decision was taken without the approval of the government majority. The opposition party Maldivian Democratic Party (MDP) denied the coup claims and blamed internal administrative dysfunction as the reason for the unrest. Muizzu claimed that a select few people attempted an economic coup as part of a complete strategy. Whatever happened here will be understood after a little thought.

He said that many people raised the question as to why a government-controlled bank took such a decision. But they do not know that the government does not have a majority in the board of directors of BLA. Currently, there are four government directors and the rest of the directors are not associated with the government. Therefore, we do not have a majority. We have nominated two directors.