MoneyGram services still suspended after two months

Maldives Post Limited has said today that MoneyGram services are still suspended after two months had passed since the illegal overseas transfer of MVR 4.9 million by hacking the MoneyGram service.

Maldives Post Limited said that they are unable to resume the service as the investigation is still underway.

Investigation regarding another case of fraud where MVR 400,000 was transferred through hacking Money Express service has also been under investigation for over a month.

While police have neither revealed any information nor made any arrests in relation to the two incidents.

Chairman of the Maldives Post Limited Ahmed Nizam said that the Money Express services have however resumed.

Founded in 1940, MoneyGram is a US-based global money transfer company, headquartered in Dallas, Texas. Their services available in 197 countries through over 275,000 agents, MoneyGram is the second largest money transfer business in the world.