The Privatization and Corporatization Board removed Ahmed Shamah Rasheed as CEO and board director of the state-owned Maldives Industrial Fisheries Company (MIFCO), following two suspensions linked to an incomplete corporate governance inquiry. The Anti-Corruption Commission had also reversed the promotion of more than 100 MIFCO employees ahead of the 2024 parliamentary elections.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
his most recent suspension being lifted on 24 April.
Word for word from the report in Maldives Republic. Open the report
“Mr. Ahmed Samaah Rasheed, CEO of MIFCO, has been removed from his post [as CEO] and Director of the Board at MIFCO effective today,” a PCB post to social media said.
Word for word from the report in Maldives Republic. Open the report
Mr. Ahmed Samaah Rasheed, CEO of MIFCO, has been removed from his post [as CEO] and Director of the Board at MIFCO effective today
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
the Anti-Corruption Commission (ACC) stepping in to reverse the promotion of more than 100 employees at the company ahead of the 2024 parliamentary elections.
Word for word from the report in Maldives Republic. Open the report