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ACC-Fenaka Corporation

Corruption watchdog to probe allegations against state-operated Fenaka Corporation

The Anti-Corruption Commission (ACC) has confirmed that it is investigating the Fenaka Corporation

ޝާން އަނީސް
Shan Anees, Raajje.mv | 22 ސެޕްޓެމްބަރު 2017 | ހުކުރު 11:35
he state-operated Fenaka Corporation is Maldives' primary utilities company

he state-operated Fenaka Corporation is Maldives' primary utilities company

The Anti-Corruption Commission (ACC) has confirmed that it is investigating graft allegations made against the state utilities company, Fenaka Corporation.

An official from the ACC said that the case they are probing includes allegations of asset procurement through biased means and discrepancies in financial records.

Said allegations surfaced after state auditors announced it earlier this week.

Auditor General Hassan Ziyath had revealed mass corruption within the company on Wednesday.

READ MORE: Fenaka Corporation audit reveals mass corruption, prejudice

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