STELCO’s former directors owe MVR 300,000 in rent

12 hours ago

The Parliament’s Public Accounts Committee decided on Tuesday to take action against several former board directors of State Electric Company (STELCO), who owe around MVR 300,000 in outstanding rent payments for flats issued from the STELCO towers in Hulhumale’ Phase II. The decision followed a motion presented to the committee by Kelaa MP Abdulla Shareef, a lawmaker from the ruling People’s