Friday 22nd Nov 2024
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Dhiraagu

Former MP Abdullah appointed to the board of Dhiraagu

The government of Maldives has appointed Abdullah Abdul Raheem to the directors board of Dhiraagu, a telecommunication company partly owned by the government.
Abdul Raheem was the former MP for Maafannu South constituency and is a staunch supporter of Foreign Minister Abdullah Shahid. The Privatization and Corporatization Board (PCB) announced the decision to appoint Abdullah today.
The board of Dhiraagu constitutes of 8 members. Four of them are foreigners and four are locals.
The majority shareholder of Dhiraagu Kuwait-based BTC Islands Limited (Batelco). Batelco owns 52% shares of Dhiraagu while the government of Maldives holds 41.8% stake in the company. Remaining 6.2% of shares are publicly listed.