HC upholds BML 345K fisherman error case

14 hours ago

The Bank of Maldives (BML) on Monday lost its appeal with the High Court in a case involving MVR 345,200 mistakenly transferred to a fisherman's card. The High Court's decision upholds a Civil Court ruling that the amount was not a loan, as claimed by BML, but a sum mistakenly issued. BML asserted that it had reached an agreement with the fisherman,