Mohamed Shareef has resigned from his positions as the Deputy CEO and Chief Operating Officer of Bank of Maldives (BML).

Shareef’s resignation from the posts has been confirmed to RaajjeMV by the country’s national bank.

However, the bank refrained from divulging the reason behind Shareef’s untimely resignation.

His resignation comes after having served at the bank for 25 years, he joined the bank during 1995 and served in several posts including the Retail Banking Director, Director of Operations and Deputy Chief Executive Officer.

He was appointed to both posts during October 2019 and has a degree in Master of Business Administration (Finance) from the University of Manchester, in the United Kingdom.

In mid-2019, Maldives Police Service (MPS) had confirmed that Shareef was being investigated over accusations of providing false information to parliament. Following this, Parliament Speaker and Former President Mohamed Nasheed decided to proceed with investigations after discovering new evidence confirmed that Shareef had misled the parliament.

He is to have denied sending a non-negotiable cheque to SoF, the company involved in the biggest case of graft in the country’s history.

Following these allegations, Shareef’s name was also withdrawn from the list of BML board members, nominated by the state last year.