Male’, Maldives — The Maldives Customs Service has confiscated over MVR 1.1 million undeclared cash that was illegally being exported from Maldives.
Customs informed that a large amount of cash from different countries including dollars and euros were confiscated from a 34-year-old Bangladeshi who was flying to Bangladesh from a Maldivian flight that was scheduled last Friday.
According to Customs, the cash confiscated from the Bangladeshi would amount over 1.1 million in Maldivian Rufiyaa. Customs informed they confiscated the money from the individual because he did not declare the large amount of money before attempting to take it out of the country.
In addition to this, the Aviation Security Command of Maldives informed that they have identified a Maldivian National who was attempting to travel from Maldives to Dubai with a large amount of Undeclared Euros.
Although the Aviation Security did not state the amount of Euros confiscated from the Maldivian, they informed that they have handed over the cash to Customs Office for further investigation.
As an attempt to stop money laundering and terrorism financing in Maldives, it is forbidden for an individual to travel with more than USD 10,000, or any other country’s cash of the same amount without declaring it with the Customs Office of Maldives.