The Privatization and Corporatization Board (PCB) last week dismissed board members of 10 government-owned companies.
The PCB announced that the largest number of board members were dismissed from Addu International Airport Company, Waste Management Corporation (WAMCO) and Fenaka. Three board members were removed from each of these companies.
Adhadhu earlier reported about the dismissal of Fenaka chairman and board members.
Those removed from the WAMCO board were non-executive directors, Mustafa Mohamed, Ali Nabeel and Ali Ikram. Hussain Mohamed Didi, Shathif Ali and Shazra Shakir were sacked from the Addu International Airport Company.
Those removed from the boards of government companies
- Housing Development Corporation (HDC) - Mohamed Rasheed and Ahmed Sadiq
- Business Center Corporation (BCC) - Lamya Ibrahim and Ahmed Iftikhar
- Maldives Post Limited (MPL) - Mohamed Abdullah and Mohamed Nashid
- Fahi Dhiriulhun Corporation (FDC) - Najeel Ahmed
- Police Welfare Corporation (POLCO) - Ali Nazeer
- SME Development Finance Corporation (SDFC) - Shuhad Ibrahim
- Tradenet Maldives - Nahiya Mohamed
Some replacements were made to the boards but most of the vacancies were not filled. Board members were reappointed only to two companies. They are Zidhna Ibrahim for HDC and Hawwa Safna for MPL.
The government has not yet announced the reason for the changes.
