Saruvash Adam, a board member of Maldives Pension Administration Office (MPAO), has resigned from the board on Wednesday over the controversial financial transaction with the central bank, Maldives Monetary Authority (MMA). 
Last week, MPAO’s board approved a decision to sell a government bond in the secondary market in collaboration with the central bank. The move has garnered huge backlash with money describing it as equivalent to printing money. 
To be updated....