PSM board stalled; PCB to take decision this week

Currently, only Abdulla Rasheed is on the board of PSM.

7 January 2023

ACC, PCB join hands to fight corruption in state-owned firms

The biggest corruption cases that have come to light in the country so far has taken place among state-run companies.

1 February 2023

Motion calls for privatisation of Addu airport, sea port

The government has said that if there is any attempt to privatise companies at this juncture, it will have to do so at throwaway prices.

15 February 2023

SOE balance sheets: Reality far from rosy headlines

"Financial matters are not at their best in state-run companies. We are trying our best to rectify them," Asim said.

7 February 2023

PCB formulates unified corporate governance code

PCB president Asim Mohamed said the corporate code of governance was formulated and implemented in May 2019.

7 March 2023

Parliament launches enquiry on Muizzu's directives to SOEs

"Whether they [the President-elect] have issued such a notice, if so, in what legal capacity... to clarify this information”; the PCB.

11 October 2023

Govt mulls shifting state companies under finance ministry

The government is leaning towards transferring regulatory authority back to the Ministry of Finance

20 October 2024

WAMCO MD suspended for interfering in sexual harassment probe

According to the PCB, Siraj got involved in the case and changed the probe committee.

5 May 2023