MTDC managing director Niyaz sacked

Jul 24, 2026, 2:31 PM
Niyaz, the former Managing Director of MTDC

Niyaz, the former Managing Director of MTDC

PCB has removed Ahmed Niyaz as managing director and board director of Maldives Tourism Development Corporation (MTDC). 

Niyaz was appointed to the job on 30 November 2023. PCB has given no reason for the dismissal.

He had worked at MTDC since November 2007. He holds an MBA from Cardiff Metropolitan University and a diploma in directorship from the Singapore Management University Institute of Directorship.

Before moving into the corporate sector, he spent more than a decade in education, working as headmaster at several outer-atoll schools.

Comments

Latest News

Lawsuit over decision to ban Adhadhu from briefings

Adhadhu has filed a lawsuit against the President's Office for banning its journalists from press briefings, calling it a violation of constitutional rights. The ban followed a reporter's question that allegedly breached a court order. The news outlet is seeking a court declaration to restore press freedom and access to information.

Govt reverses ban on plastic straws until 2031

The Maldives government has reversed its ban on plastic straws, delaying the prohibition on imports and distribution until 2031. The policy shift also extends deadlines for banning plastic water bottles and eases restrictions on small beverage containers, significantly slowing the nation's phase-out of single-use plastics.

"Judiciary lacked independence during Yameen's administration"

President Mohamed Muizzu criticized the lack of judicial independence during former President Abdulla Yameen’s administration, citing the 2018 Supreme Court raid and the arrest of justices. Muizzu claimed he witnessed the poor treatment of detainees firsthand and asserted that his own government does not interfere with the judiciary.

Six expats arrested for trying to smuggle out foreign currency

Six foreign nationals were arrested at Velana International Airport for attempting to smuggle approximately MVR 3.8 million in various currencies hidden inside cereal packets. This operation is part of a broader government crackdown on the illegal foreign exchange black market to stabilize the country's economy.

Exclusive: Maldives sought extension on $50M India debt

The Maldives government requested a further extension to repay a final $50 million debt installment to India, but the request was denied. Despite the refusal, the Maldives settled the payment last week using its Sovereign Development Fund. This follows previous rollovers and a $50 million grant provided by India earlier this year.

Two arrested after video of indecent act on Hiyaa tower balcony

Police have arrested a 36-year-old man and a 25-year-old woman after a video of them engaging in an indecent act on a Hiyaa Tower balcony went viral. The suspects are being detained for five days while authorities continue their investigation into the incident.

Legal expert warns constitution grants President absolute control

Legal expert Ali Hussain warns that the Constitution grants the President absolute control over state funds, land, and institutions. He claims the current system treats the nation as the leader's personal property, leaving justice inaccessible to others. Hussain argues that urgent amendments are needed to curtail these excessive powers.

Newsletter

Get the latest news delivered straight to your inbox