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A digest of news and opinion from the Maldives.

Fenaka Corporation

Fenaka to return power to Bilehfahi by sundown

Fenaka to return power to Bilehfahi by sundown

1 min read

People pictured outside Sh. Bilehfahi’s powerhouse during the fire. State-run utilities company, Fenaka Corporation, is trying to return power to the island of Bilehfahi in Shaviyani atoll before sundown on Sunday, said the island council. Fenaka’s powerhouse burnt down late on Saturday night, after one of its three generators caught on fire, causing an island-wide […]

Fenaka graft causes losses in millions to state

Fenaka graft causes losses in millions to state

4 min read

Engineers repair a generator in Fenaka’s powerhouse in Fuvahmulah. Corruption in Fenaka Corporation’s business transactions, particularly in purchase of US Dollars and fuel, had caused the state losses amounting to millions of Rufiyaa, according to the latest audit report on the state-run utilities company. The audit report, signed by Auditor General Hassan Ziyath, was released […]

Fenaka’s once rumoured graft comes to light with shocking audit report

Fenaka’s once rumoured graft comes to light with shocking audit report

3 min read

Fenaka powerhouse in Fuvahmulah island. PHOTO/FENAKA The latest audit report on Fenaka Corporation has exposed major cases of corruption within the state run utilities company. The report signed by Auditor General Hassan Ziyath was released Wednesday amidst loud public accusations of Fenaka being a “graft hub”. The report appears to confirm the speculations as the […]