Opposition leader Fayyaz Ismail criticised the government for what he called "undue influence" over the Bank of Maldives after the Privatisation and Corporatisation Board removed Deputy CEO Aishath Noordeen from the bank's board. The PCB gave no reason for the dismissal, which under BML's charter would require a shareholder meeting.
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.
Noordeen's dismissal was communicated in a letter from the Privatisation and Corporatisation Board (PCB) on Saturday.
Word for word from the report in Maldives Republic. Open the report
BML being a systemic bank and an important part of the economy, it is important that the bank is able to operate independently
This will surely create a negative perception towards our financial system amongst the international community
As she is the most experienced person on the national bank's board, removing her is very alarming
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.