'Pension Fund transaction can no longer proceed'

5 days ago

Male’ mayoral candidate Ismail Zariyand states that Maldives Pension Administration Office (MPAO) cannot proceed with the government-proposed fund disbursement following the resignation of MPAO board’s CEO Sujatha Haleem, which occurred after the transaction was approved by the board. In October last year, the MPAO received a proposal from the Finance Ministry to sell in the secondary market MVR 2.4 billion in