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Farhath Shaheer Replaces Vitaliy Lyubimov as MIFCO CEO

The Privatization and Corporatization Board appointed retired Brigadier General Farhath Shaheer as the new CEO of the state-owned Maldives Industrial Fisheries Company (MIFCO) on Wednesday, two days after dismissing Vitaliy Lyubimov, the company's first foreign national leader. The article notes MIFCO is among the country's worst financially performing state-owned enterprises, with a 2022 audit finding it lacked sufficient assets to settle its debts.

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What are the key figures?

Sources 1carried it 1 of 19 news outlets we monitor
Figures3as written, with their sentences

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.

What happened

in order; days are read from the reports' words and dates
  1. Wed 5 Mar
    The PCB appointed Brigadier General (retd) Farhath Shaheer as the new CEO of MIFCO. on Wednesday, 5 March 2025 only Maldives Republic The Privatization and Corporatization Board (PCB) appointed Brigadier General (retd) Farhath Shaheer as the new CEO of the Maldives Industrial Fisheries Company (MIFCO) on Wednesday, 5 March 2025.

    Word for word from the report in Maldives Republic. Open the report

How the reporting differs

one source so far

Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.

Figures in these reports

as written, with the sentence they come from
  • 1993 year Year MIFCO was established Maldives Republic MIFCO, established in 1993 after the Fisheries Projects Implementation Department (FPID) scandal, remains one of the country's worst financially performing state-owned enterprises.

    Word for word from the report in Maldives Republic. Open the report

    Earlier reports gave 1993 year 3 Mar, 23:30 Maldives Republic1993 year 9 Dec, 13:34 The Standard

  • 32-year Age of MIFCO's history at Lyubimov's tenure Maldives Republic the first foreign national to lead MIFCO in its 32-year history

    Word for word from the report in Maldives Republic. Open the report

  • 2022 year Year of audit report on MIFCO's finances Maldives Republic A 2022 audit report found that the company lacked sufficient assets to settle its debts.

    Word for word from the report in Maldives Republic. Open the report

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Before

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