Transition Committee has expressed the outgoing government had badly influenced state-owned enterprises.
The press conference held by the sub-committee which reviewed state-owned enterprises revealed its findings on Maldives Post Limited (MPL), Maldives Transport and Contracting Company (MTCC), Greater Male’ Industrial Zone, Housing Development Corporation (HDC) and Addu Investment Company.
Speaking at the press conference, Ilyas Labeeb stated the sub-committee noticed several projects not included in the mandate of the institutions were conducted. He noted the President’s Office has appointed super CEOs to the state-owned enterprises above all constitutional guidelines.
Furthermore, he highlighted the debt of all enterprises are relatively high, adding even though procurement procedures were undertaken, it also paved way for corruption. He assured the new government will address these issues and enhance the state-owned enterprises.