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Politics central bank / politics Maldives Impact 9.0/10 4 min read
Parliamentary Committee Votes to Recommend Hashim’s Removal as Central Bank Governor

Parliamentary Committee Votes to Recommend Hashim’s Removal as Central Bank Governor

The Public Accounts Committee voted unanimously on Wednesday to recommend that President Mohamed Muizzu remove Maldives Monetary Authority (MMA) Governor Ali Hashim. The motion was introduced by Deputy Speaker Ahmed Nazim and seconded by MP Hamad Abdulla. Hashim had failed to appear in person for three days due to illness, submitting written replies instead. The committee denied further opportunity to answer questions. Nazim argued that the economy deteriorated under Hashim's watch, while Hashim defended himself, stating that the administration failed to heed advice from the MMA and international financial institutions. The final decision on removal will require a floor vote in parliament.

The Public Accounts Committee voted unanimously on Wednesday to recommend that President Mohamed Muizzu remove Maldives Monetary Authority (MMA) Governor Ali Hashim. The motion was introduced by Deputy Speaker Ahmed Nazim and seconded by MP Hamad Abdulla. Hashim had failed to appear in person for three days due to illness, submitting written replies instead. The committee denied further opportunity to answer questions. Nazim argued that the economy deteriorated under Hashim's watch, while Hashim defended himself, stating that the administration failed to heed advice from the MMA and international financial institutions. The final decision on removal will require a floor vote in parliament.

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Maldives Republic

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Jul 17, 2024

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The Public Accounts Committee voted unanimously on Wednesday to recommend that President Mohamed Muizzu remove Maldives Monetary Authority (MMA) Governor Ali Hashim. The motion was introduced by Deputy Speaker Ahmed Nazim and seconded by MP Hamad Abdulla. Hashim had failed to appear in person for three days due to illness, submitting written replies instead. The committee denied further opportunity to answer questions. Nazim argued that the economy deteriorated under Hashim's watch, while Hashim defended himself, stating that the administration failed to heed advice from the MMA and international financial institutions. The final decision on removal will require a floor vote in parliament.

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