The main opposition Maldivian Democratic Party (MDP) has strongly condemned the recently published audit report on Fenaka Corporation, accusing the incumbent administration of President Dr. Mohamed Muizzu of weaponizing independent institutions to conceal widespread corruption and looting of state resources.

In a statement released on Sunday, MDP alleged that the audit report was drafted under direct political pressure, claiming it was produced by figures linked to the current administration, and even finalized during late-night operations at the Auditor General's Office, raising serious concerns about its legitimacy.

The party announced it is now working to verify the authenticity of the claims made in the report. While reaffirming its support for lawful investigations and fair trials into any misconduct that may have occurred under the previous government, MDP insisted that such efforts must be based on due process, not political agendas.

According to the statement, the report is part of a broader pattern of authoritarian behavior under Muizzu’s leadership.

MDP claimed that Muizzu has consolidated control over all branches of government, including the People’s Majlis and the judiciary. It further alleged that Auditor General Ibrahim Niyazy was coerced into releasing politically convenient reports under the threat of removal, undermining the independence and credibility of key oversight institutions.

The party criticized the audit for being released without engaging or questioning the individuals or companies named in the report, calling it a clear sign of its political intent. It argued that the report serves not only to distract from the Muizzu administration's own alleged corruption but also to damage the reputation of private businesses in the Maldives through unsubstantiated accusations.

Framing the Fenaka audit as a smokescreen, MDP said it views the report as a deliberate attempt to divert public attention from what it describes as the systematic looting of the state through government-run institutions and companies under the current administration.

The statement also linked the report's timing to growing public momentum ahead of an MDP-led mass rally planned for October 3. It noted that, in response to rising public dissatisfaction, the government has scheduled a parliamentary sitting for October 2, which the party claims is an attempt to flood the news cycle with state-sponsored propaganda.

MDP concluded by dismissing the audit as yet another politically engineered attack, stating that while the government continues to manipulate public institutions for its own ends, the Maldivian people will show their defiance by turning out in large numbers to hold the administration accountable in the streets this coming Friday.