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Former MWSC chief slams ‘misguided' buyback of Hitachi stake
Former MWSC chief Abdul Matheen criticized President Muizzu’s plan to buy back Hitachi’s 20% stake, calling it a "misguided" move during a financial crisis. He argued that spending millions is illogical while the state seeks budget support and blamed the decision on poor corporate governance and political interference in state enterprises.
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