MVR 2 million has been looted from some employees of Mifco who were commuting in a vehicle.
The news has been verified by both Mifco and the police.
According to sources, the van was stopped on Boduthakurufaanu magu by a group of masked individuals.
It was also confirmed that the van was looted after breaking the windshield with an axe followed by intimidation of the employees transporting the cash from the head office of Mifco.
While no suspects have been apprehended, police are investigating the matter.