Hussain Fahmy, who was dismissed as the Managing Director of State Electric Company (STELCO) in September last year, has been appointed as the Managing Director of the Male' Water and Sewerage Company (MWSC) today.
The Privatization and Corporatization Board (PCB) confirmed that Fahmy has been appointed to the MWSC Board of Directors and designated as its Managing Director.
Fahmy, with 27 years of service at the state electric company, was appointed as the Principal Secretary to the President on Policy and Manifesto within 24 hours of his dismissal from STELCO's top post last September.
The position of Principal Secretary is a cabinet-level rank. Under President Mohamed Muizzu’s administration, Principal Secretaries at the President's Office are appointed at the level of a Minister. Fahmy held this post until his appointment as the Managing Director of MWSC.
STELCO to conduct energy audit after alarmingly high bills
STELCO Managing Director Hussain Fahmy said six percent of households in Male' and 15 percent of households in Hulhumale' have seen increases in their electricity bills to the extent that customers and STELCO need an explanation.
Fahmy’s removal from STELCO came at a time when the government was facing significant public backlash over frequent power outages in Male' and Hulhumale', as well as concerns regarding high electricity bills.
The Managing Director position at MWSC became vacant following the resignation of Abdul Matheen last Sunday. However, the reason for his resignation has not been disclosed.
Matheen was appointed as the Managing Director of MWSC on November 28, 2023. He had previously served as a State Minister at the Ministry of Environment.
