Tonga Development Bank says it is taking legal action against Tonga Police following a police search of the bank's premises on Friday 24 May, where Police were acting on a complaint regarding an alleged breach of the Banking Act. UPDATED: The National Reserve Bank of Tonga told Matangi Tonga Online today, 4 June, that they had not made a complaint to the police regarding the
Tonga Development Bank says it is taking legal action against Tonga Police following a police search of the bank's premises on Friday 24 May, where Police were acting on a complaint regarding an alleged breach of the Banking Act.
The Tonga Development Bank is being investigated regarding an alleged breach of the Banking Act, Tonga Police confirmed today, 28 May. Responding to a complaint received, the Police conducted a search of the TDB offices on Friday.
No official statements have been issued by the Tonga Development Bank or the National Reserve Bank of Tonga (NRBT) regarding a reported move to sack the two top officials of the TDB this week.
Tonga Reserve Bank Governor Moeaki urges collaborative action to address correspondent banking challenges in Pacific Islands pina.com.fj - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from pina.com.fj Daily Mail and Mail on Sunday newspapers.