Bank of Maldives’ net profit increases 105 percent in third quarter

The Bank of Maldives Plc Ltd (BML) has announced a net profit of MVR205 million (US$13.2 million) for the third quarter of 2014, an increase of 105 percent on the previous quarter.

The national bank noted in a press that sources of income increased while “costs were well controlled and the quality of the loan book continued to improve.”

“The Bank continues to move in the right direction across most key yardsticks. Financial performance is solid. During the quarter we demonstrated our commitment to step up financial inclusion as we launched point-of-sale cash withdrawal services in 9 islands which previously had novbanking facilities – this figure will rise to 50 islands by year end,” CEO and Managing Director Andrew Healy stated.

He also noted that the bank had taken important steps towards modernisation and improving customer service through the introduction of new technology systems.

“This is very important technology which gives the Bank much greater flexibility in terms of the services we can provide to customers. I would like to say thank you to our customers for your patience as we moved from one system to another. We are confident you will see the benefits of the changes we have made moving forward,” said Healy.

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“President Yameen, the world is watching you”, warns Australian senator

Australian Senator James McGrath has warned President Abdulla Yameen that the eyes of the world are on the Maldives’ deteriorating human rights situation.

“Do not lead your country into the shadows of fear and hate and violence. Stamp on ISIS and the other agents of hate. Let the Maldives be free – President Yameen, the world is watching you,” McGrath told the Australian Senate yesterday (October 28).

The Queensland senator told the house of judicial corruption, political violence, media suppression, and religious extremism in the Indian Ocean nation.

He gave special attention the the ongoing Supreme Court case against the Human Rights Commission (HRCM) and the disappearance of Minivan News journalist Ahmed Rilwan 82 days ago.

McGrath informed the assembly that he had worked with former President Mohamed Nasheed during his successful 2008 presidential election campaign, describing the transition to democracy as a “political fairy tale”.

The governing Progressive Party of Maldives last week accused Nasheed’s Maldivian Democratic Party (MDP) of attempting to use the international community to influence the case against the HRCM, to “discredit Maldives reputation”, and to “impoverish the Maldivian people”.

Recent events in the Maldives, including consistent attacks and threats against opposition MPs and property, have prompted concern from the EU, Amnesty International, the Inter-Parliamentary Union, and the Canadian government.

McGrath – who described the suo moto proceedings used against both the HRCM and the Elections Commission earlier this year as “unusual” – said “a worrying trend has been for the supreme court to violate the separation of powers outlined in the 2008 constitution”.

Noting the likely abduction of 28-year-old journalist Rilwan had come after a series of attacks on the media in recent years, McGrath observed a “slide into authoritarianism and religious extremism” in the aftermath Nasheed’s departure from office in February 2012.

The senator’s comments regarding ISIS followed one week after UK Under-Secretary of State for Foreign and Commonwealth Affairs Tobias Ellwood responded to a written question from Karen Lumley MP on the group’s potential activities in the Maldives.

“We are aware of the activity of ISIL sympathisers in the Maldives, and we will continue to engage with the Maldives government about the promotion of religious freedom and moderation,” Ellwood informed Lumley.

While up to four Maldivians are reported to have been killed fighting in the Syrian civil war this year, a family of four were reported to have migrated to ISIS held territory last week.

Up to 200 demonstrators marched through the capital Malé last month, brandishing the flag made famous by ISIS, calling for the full implementation of Shariah in the Indian-ocean archipalego.

McGrath yesterday expressed alarm at recent moves to subject the publication of poems and prose to government approval – a move he called “blatant censorship” – before concluding his speech.

“The world is watching you president Yameen. Be a true leader and let your people be free. Let them speak freely, let them be without fear of violence, let them have rights of association, let them talk right and join together as free peoples.”

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Malaysian high commission to hold futsal tournament

The Maldivian High Commission in Malaysia will host a Maldives Futsal Carnival next month at Sunway Extreme Park on the outskirts of the capital Kuala Lumpur.

“The event is to include a Futsal tournament with both male and female participating teams from Malaysia and Singapore, food stalls, cultural performances and children’s games and play activities,” read a high commission press release.

The event – held in collaboration from Maldivian volunteers from the expat community – will be held in celebration of the Maldives’ Republic Day on November 15.

Futsal – a variant of 5-a-side football – has become increasingly popular in the cramped quarters of Malé, with a number of new facilities provided in recent months. Maldivian students held a similar tournament in Malaysia in 2011.

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MDP seeks members for internal committees

The opposition Maldivian Democratic Party (MDP) has invited members to apply for membership of the party’s internal committees before November 2.

At a press conference today, MP Imthiyaz Fahmy explained that the party was seeking members for 17 standing committees.

The list includes committees dealing with international relations, transport, housing, rights, research and policies, elections, organisation, economic affairs, fund raising, fisheries and agriculture, media, membership and campaigns, legal affairs, security, health, education, and employment and social affairs.

Interested candidates were asked to submit applications to the party’s head office – Henveiru Sharasha on Sosun Magu – before 3pm on November 2.

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Parliament approves MVR46million budget for audit office

Parliament today approved an annual budget of MVR46 million (US$2.9 million) for the Auditor General’s Office for 2015 as recommended by the public accounts committee (PAC).

The PAC’s report was approved unanimously with 64 votes in favour.

While the audit office had requested a MVR93 million (US$6 million) budget, the Ministry of Finance and Treasury advised the public finance oversight committee that the audit office’s annual expenses would not exceed MVR46 million.

The finance ministry pledged to provide additional funds out of the contingency budget if the audit office’s functioning was affected by budget restrictions.

The Auditor General’s Office had requested allocations of funds for the construction of an office in Hulhumalé. However, Finance Minister Abdulla Jihad told the committee of plans for a building to house all independent institutions.

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Majlis passes amendment allowing president to reappoint auditor general

Parliament today approved an amendment proposed by Progressive Party of Maldives (PPM) MP Ahmed Thoriq to the Audit Act enabling the president to reappoint the auditor general – four years before the end of the incument Niyaz Ibrahim’s seven year term.

Following the presentation of a report (Dhivehi) by the economic affairs committee to the People’s Majlis floor after reviewing amendments submitted by the government to the Audit Act, Thoriq proposed adding a clause stating that the president shall nominate for parliamentary approval an individual or individuals to the post of auditor general within 30 days of ratifying the amendments.

Thoriq’s amendment – seconded by PPM MP Ibrahim Didi – passed with 36 votes in favour and 22 against while opposition Maldivian Democratic Party (MDP) MPs protested vociferously, contending that the amendment was unconstitutional.

The amendments should not have been put to a vote as it allows the dismissal of an incumbent auditor general without following the constitutional process for impeachment, opposition MPs argued.

Article 218 of the Constitution states that the auditor general could be removed from office “(a) on the ground of misconduct, incapacity or incompetence; and (b) a finding to that effect by a committee of the People’s Majlis, pursuant to article (a) and upon the approval of such finding by the People’s Majlis by a majority of those present and voting, calling for the Auditor General’s removal from office”.

Thoriq’s amendment was added to revisions to the Audit Act submitted on behalf of the government by PPM MP Ibrahim Waheed to bring the 2007 law in line with the Constitution adopted in August 2008.

The legislation was part of a raft of bills submitted by the government to abolish provisions in conflict with the new constitution.

Waheed’s amendments did not include revisions to sections dealing with the appointment and dismissal of the auditor general.

During the final debate on the government-sponsored amendments at today’s sitting, Thoriq said he proposed the amendment with reference to Article 211(b) of the Constitution, which states, “A statute shall specify the responsibilities, powers, mandate, qualifications, and ethical standards of the Auditor General.”

Thoriq noted that the Audit Act was passed in 2007 before the ratification of the constitution the following year and did not specify the responsibilities, mandate, qualification and ethical standards of the auditor general.

However, he added, the amendments submitted by the government do specify the criteria.

“The current auditor general is competent. I wish and believe as well that when this amendment is passed and ratified his name will be sent for our approval,” he said.

However, MDP MPs insisted that the purpose of Thoriq’s amendment was replacing the current auditor general.

The amendment bill – with Thoriq’s amendment – was passed with 40 votes in favour and 25 against.

Appointment and dismissal

The 17th People’s Majlis unanimously approved former President Mohamed Nasheed’s nomination of Niyaz Ibrahim to the post of auditor general in May 2011.

During a meeting of the public accounts committee last week with Niyaz and Finance Minister Abdulla Jihad concerning the audit office’s budget for 2015, Thoriq alleged that 60 percent of audit office staff were unhappy with Niyaz’s leadership.

Thoriq also accused the auditor general of releasing a damning audit report of the finance ministry ahead of the parliamentary polls in March and withholding reports exposing corruption in the MDP government.

In response, Niyaz said he was not surprised that employees of the audit office met politicians to complain about the auditor general, contending that some staff members were unhappy with stricter workplace regulations.

A timetable or schedule for publishing audit reports has been shared with the public accounts committee, he noted.

Moreover, the majority of audit reports released during his tenure were of government ministries and state institutions under the administration of former President Mohamed Nasheed, Niyaz observed, adding that it was used as “campaign material” against the MDP presidential candidate during last year’s presidential election.

Niyaz was appointed to the post following parliament’s dismissal of former Auditor Ibrahim Naeem in March 2010 in a no-confidence motion.

Naeem was accused of corruption by the Anti-Corruption Commission (ACC) of using state funds to buy a tie and visit Thulhaadhoo in Baa Atoll.

Naeem had claimed the charges were an attempt to discredit his office and prevent him from reclaiming the government’s money stored in overseas bank accounts.

“A lot of the government’s money was taken through corrupt [means] and saved in the banks of England, Switzerland, Singapore and Malaysia,” Naeem told the press ahead of the no-confidence vote.

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Coastguard to conduct joint military exercise with India, Sri Lanka

The Maldives National Defence Force’s (MNDF) coastguard will be conducting the 12th edition of the ‘Dosti’ joint military exercise with the Indian and Sri Lankan coastguards from October 28 to 31.

The Indian High Commission explained in a press statement yesterday that 11 editions of the joint exercise have taken place since 1991.

The aim of India-Maldives-Sri Lanka Tri-Lateral Exercise ‘DOSTI’ is to further fortify the friendship, enhance mutual operational capability, and exercise interoperability and to build cooperation between the Coast Guards of Maldives, India and Sri Lanka,” the press release stated.

“The focus areas during Dosti-XII will be to exercise the important charter of Coast Guard duties, including Maritime Search and Rescue (M-SAR), Humanitarian Assistance and Disaster Relief (HADR), Marine Pollution Response (POLRES) and Anti-piracy operations.

“For the first time the exercise will also be viewed by representatives from maritime forces of Seychelles and Mauritius.”

The military vessels involved in the exercise – two ships from the Indian coastguard, one from Sri Lanka, and two from Maldives – “will practise responding to actual emergencies of Search and Rescue, Medical evacuation and Pollution Control response at Sea which will further enhance the ability of each Coast Guard to attend to real emergencies at sea.”

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New UN resident coordinator presents credentials to President Yameen

Newly-appointed United Nations Resident Coordinator for the Maldives Shoko Nada presented her credentials to President Abdulla Yameen at a ceremony at the President’s Office this morning.

According to the UN in Maldives, Noda – who assumed office on October 19 – has served as the Country Director for UNDP Nepal from 2011 before joining UNDP Maldives.

She began her United Nations career in 1998 as a Junior Professional Officer  and went onto fill various positions in UNDP Headquarters in New York and other UNDP Country Offices around the world.

Shoko has also worked for the UNDP in Mongolia, Former Republic of Yugoslavia, in Kosovo and in Tajikistan. Between 2005 and 2010 she worked for the Office of the UN Resident Coordinator in Pakistan, and has also worked as  the Special Assistant for the then-UNDP Administrator Mark Malloch Brown.

“We look forward to closer collaboration with the Government, Civil Society Organisations (CSOs) and other relevant development partners to ensure continued progress and development of Maldives,” Ms Noda stated upon assuming office.

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President vetoes amendments to Child Protection Act

President Abdulla Yameen has vetoed amendments passed by the People’s Majlis to the Child Protection Act on October 14, requesting revisions based on advice from the attorney general.

In a letter to parliament – read out at today’s sitting – President Yameen explained that the government submitted the amendments to the 1991 law to remove inconsistencies with the new Constitution adopted in August 2008.

Article 36(b) of the Constitution states, “Primary and secondary education shall be freely provided by the State. It is imperative on parents and the State to provide children with primary and secondary education. Opportunity for higher education shall be generally accessible to all citizens.”

However, the amendment bill (Dhivehi) passed by parliament states that the state shall freely provide pre-school, primary, and secondary education to all “Dhivehi children living in the Maldives.”

President Yameen noted that the amendment to Article 5(b) of the Child Protection Act contravenes Article 36(a) of the Constitution – which states that “Everyone has the right to education without any discrimination of any kind” – as it implies that the state does not have to provide free education to foreign or expatriate children residing in the country.

“And considering Article 2 and 28 of the Convention on the Rights of the Child to which the Maldives has acceded, providing free primary education to all children living in the Maldives without discrimination is obligatory,” the president’s letter explained.

Therefore, it added, the amendment to the Child Protection Act was contrary to the obligations placed on the state by the convention.

Moreover, the president observed that the amendments make it mandatory for the state to provide pre-school education to all children.

The amendments also contravene rules for the state to assist pre-schools operated by local councils specified in the Pre-schools Act of 2012.

The president noted that providing mandatory free pre-school education in all inhabited islands would place a burden on the state budget and recommended consultations with the education ministry and finance ministry regarding government policy.

In the ensuing debate, opposition Maldivian Democratic Party (MDP) MP Mariya Ahmed Didi criticised parliamentary committees for hastily approving legislation without proper study or consultations with stakeholders.

Leader of the Majlis have in recent weeks, however, called upon committee members to speed up work after a number of Majlis sessions were cancelled due to lack of work on the house’s agenda.

Progressive Party of Maldives (PPM) MP Jameel Usman had submitted the amendments on behalf of the government in June. The social affairs committee reviewed the amendments and forwarded the legislation to the Majlis floor earlier this month, after which it was passed with 51 votes in favour and two abstentions.

MP Ahmed Nihan – parliamentary group leader of the PPM, the majority party in the Majlis – conceded that the inconsistencies with the constitution and pre-school law were missed due to an oversight in the legislative process.

Nihan said the majority party should ensure that such incidents do not recur in the future.

Following the debate, the amendment bill was returned to committee for further review with 58 votes in favour and one abstention.

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