Fenaka Fined MVR 4.2 Million Over Incomplete EIAs
The Environmental Protection Agency (EPA) has fined the Fenaka Corporation MVR 4.2 million for beginning construction on power plants in...
Debt-Ridden Fenaka Faces Parliamentary Scrutiny
Fenaka Corporation, the Maldives’ government-owned utilities company, is now facing parliamentary scrutiny in addition to the ongoing investigations by the...
ACC Orders Recovery of MVR 20 Million in Fenaka Corporation Scandal
The Anti-Corruption Commission (ACC) has ordered the recovery of over MVR 20 million from 75 cases relating to state-owned utilities...
Fenaka Corporation in Crisis Amidst Allegations of Mismanagement and Corruption
Fenaka Corporation, the state-owned utilities company, finds itself under immense scrutiny after revelations of its financial and operational instability. The...
