Authorities in the Maldives have arrested five foreign nationals in connection with illegal dollar trading in the black market. The arrests were made following a special raid conducted in Malé City by a joint task force of the Maldives Immigration and Maldives Police Service.
The task force, established to investigate illegal immigration activities, received a tip-off, leading to the operation that uncovered the large-scale black-market dollar dealings. During the raid, law enforcement officers seized a significant amount of cash, along with multiple debit and credit cards. Immigration also released images showing bundles of U.S. dollars, local currency, and numerous passports confiscated from the suspects.
Seized items from the raid: Passports, US dollars and local currency recovered during the operation against illegal dollar trading.
This latest crackdown comes as part of the authorities’ ongoing efforts to curb illegal financial activities and immigration-related offenses in the country. Last month, another foreign national was arrested while attempting to smuggle over $81,000 out of the Maldives.
The case involving the five suspects is currently under further investigation, with Immigration officials promising to release more details as the inquiry progresses.
