MPL CEO terminated amidst corruption allegations, appointed Deputy Minister of Transport

Maldives Ports Limited (MPL) Chief Executive Officer Mahdi Imad has been removed from his post by the government, before being appointed as Deputy Minister of Transport and Communications a few hours later.

Imad told local media that although the President’s Office had sent him a letter informing him of his dismissal, no official reasons had been given.

Local media reported earlier this week that the MPL Board of Directors had approved remuneration of MVR 120,000 (US$7800) and MVR 130,000 (US$8400) for the two posts of Managing Director and CEO that Imad filled at MPL.

In addition to this, the Anti Corruption Commission (ACC) sent a case against Imad to the Prosecutor General (PG) in 2012, on allegations of an act of corruption committed by abusing his powers as Managing Director of MPL.

The ACC alleged that Imad used his influence as Managing Director at MPL to secure a law degree scholarship in Malaysia for an employee who had not completed the required one year term required to qualify.

The ACC stated that Mahdi had secured this scholarship in 2009 despite funding for the course not being included in the year’s allocated budget. The commission also stated that as MD, Mahdi had not presented the opportunity to apply for the course to other employees working in the company at the time.

President Mohamed Waheed Hassan last week also liquidated the eight member MPL board, of which Imad was a sitting member.

The board consisted of CEO Mahdi Imad, Mohamed Shiyam, Abdul Matheen Ahmed, Ibrahim Zaki, Riyaz, Ahmed Nasir, Hussain Areef and Mohamed Hashim.

Waheed liquidated the board after the ACC advised him to remove board member Mohamed Shiyam, due to his refusal to provide documents required by the ACC to conduct an investigation into additional corruption allegations concerning MPL.

President’s Office Spokesperson Masood Imad said that the government had not heard officially of any corruption allegations against Mahdi Imad.

“We completely liquidated the board, and the rest of the members have not been given any new appointments. When it comes to Mahdi though, we have no problem with him. So we simply transferred him to another post,” Masood Imad said.

Masood confirmed that Mahdi Imad had been removed from both CEO and MD of MPL.

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4 thoughts on “MPL CEO terminated amidst corruption allegations, appointed Deputy Minister of Transport”

  1. We’re 22nd! It says here “heavy government spending have taken a toll on the local economy, cause high inflation and an unemployment rate that’s nearly double since 2010. http://finance.yahoo.com/news/the-25-most-miserable-places-in-the-world-192748535.html

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  2. at least this government has the guts to terminate or remove this kind of people.

    But Fili Nasheed , when any corruption allegation occurs, he had always tried to defend his corrupt people. Look at Kuda Bandhe, Raazee to name just few and Fili Nasheed tried to protect and defend them always.

    This is the difference between Fili Nasheed and Dr. waheed.

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  3. Mahdi Imad is an exception! Interesting...

    '“We completely liquidated the board, and the rest of the members have not been given any new appointments. When it comes to Mahdi though, we have no problem with him. So we simply transferred him to another post,” President’s Office Spokesperson Masood Imad said.

    Where is the justice here!!!

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  4. A good reward for the hard work he did to hide the corruption or rather a family affair....

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