Mohamed Nasheed
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NewsPriority should be sale of assets to generate immediate liquidity
Former President Mohamed Nasheed urged the Maldives to prioritize selling assets for immediate liquidity rather than long-term projects like the $20 billion Rasmalé development. He argued the UAE-backed waterfront deal will not provide the urgent cash flow needed to resolve the nation's current financial crisis.
NewsNasheed calls on audit firms to disclose BML finances
Former President Mohamed Nasheed has urged international auditors to reveal the Bank of Maldives' true financial state amid a severe dollar shortage. He alleges the government used customer deposits to pay sovereign debt, leaving the bank unable to process withdrawals. Businesses and the public continue to face major transaction hurdles.
