A damning internal audit report has been leaked, revealing how President Dr. Mohamed Muizzu’s administration allegedly orchestrated a corrupt procurement scheme through Fenaka Corporation, embezzling MVR 46.9 million under the guise of emergency generator purchases.

According to the 78-page report, Fenaka announced in late 2024 the urgent procurement of 46 generators, citing preparations for the fasting month of Ramadan and the peak heat period of 2025. However, after the initial bidding process was scrapped over pricing concerns, a second announcement followed, only to be mysteriously cancelled again on 12 January 2025.

Shortly after, Fenaka’s Managing Director, Mohamed Najah, traveled to India at the expense of a supplier to visit Powerica, an engine assembly company. In a sudden and unilateral decision, the number of generators to be procured was slashed from 46 to 24. The purchase was then pushed through as an "emergency procurement," bypassing standard procedures and violating the company’s own procurement policies.

The report reveals a tightly controlled and manipulated process: rather than opening the tender publicly, a select few companies were invited to submit quotes, three of which had overlapping business interests. Despite clear technical discrepancies and failure to meet the required specifications, these companies were favored.

The internal audit further exposes how Deputy Managing Director Mohamed Arif allegedly pressured and intimidated the Technical Committee to approve these non-compliant bids. When Alpha Energy Solutions appeared to win the majority of the evaluation based on initial criteria, Najah intervened. He issued an unauthorized memo altering the evaluation criteria mid-process, effectively rigging the outcome to benefit the preferred trio of interconnected companies.

Even after manipulating the process, the scandal deepened: not all generators have been delivered, despite the contract mandating a 25-day delivery deadline. More than three months later, supply remains incomplete. Technical inspections have confirmed that several of the gensets delivered are used, second-hand units, not the new equipment promised.

The consequences were immediate and severe. Due to the failure to provide functional generators in time, power outages hit several islands during the holy month of Ramadan and peak heat period of 2025, leaving communities in the dark, both literally and metaphorically.

This revelation adds to a growing list of accusations against Muizzu’s administration, painting a picture of systemic rot, where public funds are siphoned off under the cover of urgency, and national suffering is the cost of corruption.