Bank of Maldives (BML) has said that the investigation into the cheques deposited to SOF account by MMPRC was investigated by referring to the available records at the bank.

In a press release addressing allegations that the bank had lied during a Parliament Committee meeting, they stated that those who provided information to the committee were referring to the bank records and added that all questions posed by the lawmakers were once again answered truthfully and according to the bank records.

They added that when a cheque is cleared with another bank, the money will be deposited by the same bank that the account is opened with and that the records for said cheques will be with the same bank. BML asserted that they had requested for records of these cheques which are allegedly involved in the corruption scandal.

BML noted that there were clear differences in how the Parliament had interpreted their letter to the Parliament and information provided during the committee meeting.