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The Hindu
25-07-2025
- Business
- The Hindu
India announces ₹4,850 crore Line of Credit to Maldives
India is proud to be the most trusted friend of the Maldives, Prime Minister Narendra Modi said on Friday (July 25, 2025) after announcing a ₹4,850 crore line of credit to the island nation. Mr. Modi made the remarks after holding wide-ranging talks with Maldivian President Mohamed Muizzu, focusing on consolidating cooperation in areas of trade, defence and infrastructure. The Prime Minister's visit marked a major turnaround in India-Maldives ties after a spell of unease. VIDEO | Male: Addressing a joint press conference with President Mohamed Muizzu, PM Modi (@narendramodi ) said, "Once the upgraded ferry network is in place, distances will be measured in ferry time rather than GPS time. India will extend a USD 565 million line of credit to the… — Press Trust of India (@PTI_News) July 25, 2025 Mr. Modi also announced that the two countries will work towards finalising a bilateral investment treaty and that negotiations for a free trade pact have already started. Maldives holds an important place in India's 'Neighbourhood First'; policy and MAHASAGAR (Mutual and Holistic Advancement for Security and Growth Across Regions) vision, the Prime Minister said. Mr. Modi said India has decided to provide a line of credit of $565 million (₹4,850 crore) to the Maldives. Mutual cooperation in the field of defence and security is a testament to mutual trust, he said. VIDEO | Maldivian President Mohamed Muizzu (@MMuizzu) delivers his opening remarks as India and Maldives exchange MoUs in the presence of Prime Minister Narendra Modi (@narendramodi) and the Maldivian President. (Source: Third Party) (Full video available on PTI Videos -… — Press Trust of India (@PTI_News) July 25, 2025 India will always support the Maldives to strengthen its defence capabilities, he added. Mr. Modi landed in Male this morning to a warm welcome with Muizzu and a number of top ministers of his government receiving the Prime Minister at the Velena international airport, reflecting the importance Male attached to the trip. Hours later, Mr. Modi was accorded a colourful ceremonial welcome and a guard of honour at the iconic Republic Square. 'Deeply touched by the gesture of President Muizzu to come to the airport to welcome me. I am confident that India-Maldives friendship will scale new heights of progress in the times to come', Mr. Modi said in a social media post. The two leaders held a one-on-one meeting before settling down for delegation-level talks. The turnaround in the bilateral ties assumes significance as Mr. Muizzu, known to be close to China, came to power in the island nation in November 2023 on the back of an 'India Out'; campaign. His policies in the first few months of his presidency resulted in severe strain in the ties. Within hours of his oath, he had demanded the withdrawal of Indian military personnel from his country. Subsequently, India replaced the personnel with civilians. The Indian military personnel were deployed to the Maldives to maintain and operate two helicopters and an aircraft, which were used for humanitarian and rescue operations. It is widely believed that New Delhi's sustained efforts, including its assistance to the island nation to deal with economic woes, helped bring the relations back on track. The Maldives is one of India's key maritime neighbours in the Indian Ocean Region and the overall bilateral ties, including in areas of defence and security, witnessed an upward trajectory under the previous governments in Male.
Barnama
25-07-2025
- Barnama
Fake Currency, Crime Items Worth Over RM700,000 Disposed Of
KUALA LUMPUR, July 25 (Bernama) -- Brickfields police have disposed of case items worth RM721,239, including counterfeit US dollars linked to a foreign exchange fraud syndicate, with items dating back as far as 2017. Brickfields District Police Chief ACP Ku Mashariman Ku Mahmood said the disposal involved 124 completed criminal and commercial crime investigation papers. 'A total of 47,906 criminal case items with an estimated value of RM630,565 were disposed of, while commercial crime cases accounted for 1,325 items valued at RM90,674,' he told a press conference at the Brickfields District Police Headquarters here today. Among the items disposed of were RM9,833 in cash and large quantities of seized goods, including those linked to gambling, unlicensed entertainment outlets, prostitution and illicit massage centres. Ku Mashariman berkata antara kes itu melibatkan seorang warga asing yang terlibat dalam penipuan pertukaran wang pada tahun lepas dan suspek menggunakan USD400,000 wang palsu untuk memperdaya mangsa yang mahu menukar mata wang. Ku Mashariman said one of the more notable cases involved a foreign national who carried out a currency exchange scam last year. The suspect had attempted to deceive a victim by using USD400,000 in counterfeit currency. 'We arrested the suspect and seized USD400,000 in fake banknotes. He was charged in court, sentenced to 15 months' imprisonment, and will be deported to his home country,' he said. He added that the main purpose of the disposal exercise was to ensure that all case items are lawfully destroyed in accordance with legal provisions, to reduce storage burden and to minimise the risk of theft from long-term storage.
The Sun
20-06-2025
- The Sun
Account executive loses over RM100,000 to phone scam
JOHOR BAHRU: An account executive lost RM139,565 after falling victim to a phone scam syndicate impersonating a police officer. Muar deputy police chief Supt Muhammad Aidil Roneh Abdullah said the 40-year-old woman first received a call in January from someone claiming to be an insurance company representative, accusing her of being involved in a fraudulent claim. 'The call was then transferred to another individual posing as a police officer from the Dang Wangi District Police Headquarters, who claimed the victim was linked to 21 police reports involving a non-existent investment scheme and that an arrest warrant had been issued,' he said in a statement today. Muhammad Aidil said the victim was instructed to open a bank account for investigation purposes and to deposit funds into it to resolve the matter. Convinced by the claims, the woman shared her bank card details and made 30 transactions between Jan 31 and June 17. 'The victim realised she had been scammed after all the phone numbers that had contacted her became unreachable. 'The woman filed a police report yesterday, and the case is being investigated under Section 420 of the Penal Code,' he said.
The Sun
20-06-2025
- The Sun
Phone scam costs Johor woman RM139,565 in fake probe
JOHOR BAHRU: An account executive lost RM139,565 after falling victim to a phone scam syndicate impersonating a police officer. Muar deputy police chief Supt Muhammad Aidil Roneh Abdullah said the 40-year-old woman first received a call in January from someone claiming to be an insurance company representative, accusing her of being involved in a fraudulent claim. 'The call was then transferred to another individual posing as a police officer from the Dang Wangi District Police Headquarters, who claimed the victim was linked to 21 police reports involving a non-existent investment scheme and that an arrest warrant had been issued,' he said in a statement today. Muhammad Aidil said the victim was instructed to open a bank account for investigation purposes and to deposit funds into it to resolve the matter. Convinced by the claims, the woman shared her bank card details and made 30 transactions between Jan 31 and June 17. 'The victim realised she had been scammed after all the phone numbers that had contacted her became unreachable. 'The woman filed a police report yesterday, and the case is being investigated under Section 420 of the Penal Code,' he said.
The Star
20-06-2025
- The Star
Account executive loses over RM100,000 to phone scam
JOHOR BARU: An account executive lost RM139,565 after falling victim to a phone scam syndicate impersonating a police officer. Muar deputy police chief Supt Muhammad Aidil Roneh Abdullah said the 40-year-old woman first received a call in January from someone claiming to be an insurance company representative, accusing her of being involved in a fraudulent claim. "The call was then transferred to another individual posing as a police officer from the Dang Wangi district police headquarters, who claimed the victim was linked to 21 police reports involving a non-existent investment scheme and that an arrest warrant had been issued," he said in a statement on Friday (June 20). Muhammad Aidil said the victim was instructed to open a bank account for investigation purposes and to deposit funds into it to resolve the matter. Convinced by the claims, the woman shared her bank card details and made 30 transactions between Jan 31 and June 17. "The victim realised she had been scammed after all the phone numbers that had contacted her became unreachable. "The woman filed a police report yesterday, and the case is being investigated under Section 420 of the Penal Code," he said. - Bernama
