Former President Mohamed Nasheed has praised President Dr. Muizzu's decision to cancel an agreement with U.S. firm Centerview Partners, which had been appointed to provide financial advice on the Maldives' debt situation.
In a post on X (formerly Twitter), Nasheed expressed his approval of the cancellation, describing it as a wise move. He criticized such advisory firms, stating that they take extreme and illegal advantage of our countries.
The government has yet to release official details about the now-canceled agreement with Centerview, which was reportedly appointed to guide the Maldives on managing its debt. According to an October report by Reuters, Centerview was hired to offer financial expertise. However, the reason for the swift termination of the contract remains unclear.
While Nasheed's remarks focused on the firm's alleged negative impact, no government statement has elaborated on the specifics behind the cancellation.
In a post on X (formerly Twitter), Nasheed expressed his approval of the cancellation, describing it as a wise move. He criticized such advisory firms, stating that they take extreme and illegal advantage of our countries.
The government has yet to release official details about the now-canceled agreement with Centerview, which was reportedly appointed to guide the Maldives on managing its debt. According to an October report by Reuters, Centerview was hired to offer financial expertise. However, the reason for the swift termination of the contract remains unclear.
While Nasheed's remarks focused on the firm's alleged negative impact, no government statement has elaborated on the specifics behind the cancellation.