Former Maldives Transport and Contracting Company (MTCC) CEO Abdul Razzag Haleem was appointed as the Managing Director of Maldives Road Development Corporation (MRDC) less than a day after he was dismissed from the post.
Privatization Board said Sinan Ali who was also dismissed from the MTCC board has been appointed as the new chairman of State Electric Company Limited (STELCO).
Haleem has replaced former MRDC Managing Director Ibrahim Nazim who was also dismissed on Sunday.
The privatization board is yet to state a reason behind the sudden shuffle. However, a massive corruption case involving Nazeem had been filed at Anti Corruption Commission (ACC) recently.