Corruption watchdog to probe allegations against state-operated Fenaka Corporation

News Sport Business Report Photo

K. Male'

22 Sep 2017 | Fri 16:35

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

RaajjeMV

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

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

Shan Anees

2,151

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.

Last updated at: 10 months ago

Reviewed by: Rushdha Rasheed

- comment