Ahmed Samah Rasheed, CEO and Managing Director of Maldives Industrial Fisheries Company (MIFCO), has been dismissed from his position.
The Privatization and Corporatization Board (PCB) confirmed Samah's termination but did not provide a specific reason for the decision.
Samah was previously suspended on March 18, with the suspension being lifted in the third week of April. The suspension was related to allegations of using a MIFCO building for political purposes, leveraging his position to employ certain individuals, and giving gifts to People's National Congress (PNC) candidates who won in the recent parliamentary elections.
