Sinan, who lost his parliamentary seat over debt issues, appointed as MD of AgroNAT
6 އޮކްޓޯބަރު 2026 | އަންގާރަ 09:09Mohamed Sinan has been appointed as the Managing Director of AgroNAT following its transition into a subsidiary of MIFCO, while MIFCO CEO Mohamed Anas has been named the company’s Chairman. Sinan’s appointment comes after the Supreme Court previously ruled that he had lost his seat in Parliament due to his failure to settle a court-mandated bank loan debt.
Mohamed Sinan, the former Member of Parliament for the North Hithadhoo constituency. | PNC
Mohamed Sinan, the former People’s National Congress (PNC) Member of Parliament for the Hithadhoo North constituency who lost his seat due to unpaid bank loan debt, has been appointed as the Managing Director of AgroNAT.
He was appointed as the Managing Director of AgroNAT on October 5, following the government's decision to restructure the company as a subsidiary of MIFCO.
Furthermore, MIFCO CEO Mohamed Anas has also been appointed as the Chairman of AgroNAT.
The Supreme Court has ruled that Sinan has lost his parliamentary seat. The verdict follows a case filed against him for failing to settle a loan with Maldives Islamic Bank in accordance with a prior court judgment.
According to the Constitution, a Member of Parliament shall lose their seat if they fail to settle a proven debt in accordance with a court judgment. Specifically, Article 73(c)(1) of the Constitution stipulates that a member must not be someone who is failing to make payments on a proven debt as mandated by a court ruling.
