Fenaka_corporation - The Edition

Fenaka Corporation

Fenaka to be dissolved, services transferred under STELCO

7 Sept 2026

"In tears when reading Fenaka audit report": Falaah

11 Aug 2026

Fenaka becomes third SOE to meet disclosure threshold

7 Aug 2026

Fenaka to provide reports to committee twice a month

4 Aug 2026

Establishing water, sewerage delayed due to last gov: Min

4 Aug 2026

Action to be taken over Fenaka employees flagged in audit

29 Jul 2026

Five months on, Saeed remains under house arrest

29 Jul 2026

Four months' pay given with voluntary resignations: Fenaka

28 Jul 2026

Fenaka to be dissolved, services transferred under STELCO

7 Sept 2026

"In tears when reading Fenaka audit report": Falaah

11 Aug 2026

Fenaka becomes third SOE to meet disclosure threshold

7 Aug 2026

Fenaka to provide reports to committee twice a month

4 Aug 2026

Establishing water, sewerage delayed due to last gov: Min

4 Aug 2026

Action to be taken over Fenaka employees flagged in audit

29 Jul 2026

Five months on, Saeed remains under house arrest

29 Jul 2026

Four months' pay given with voluntary resignations: Fenaka

28 Jul 2026

Electricity

Project to solve Addu's electricity issue to Dubai company

The agreement signing took place yesterday at Fenaka's head office, with Managing Director Mohamed Najah signing on the company's behalf. The project was awarded to Dubai's Definite Solutions, with Founder and CEO Abdulla Saeed signing on behalf of the company.

8 Mar 2026

Umar Shan Shafeeq

Electricity bill for Ramadhan to not exceed MVR 400

14 Feb 2026

Electricity bill capped at MVR 400 during Ramadan: Pres

15 Nov 2025

Individual electrocuted in Addu now stable

7 Sept 2025

Addu power loss due to cable cutting attempt, party injured

6 Sept 2025

Corruption

Ageel arrested in Bangkok over FAM corruption case

Mohamed Ageel, former Financial Department Head of Football Association of Maldives (FAM) has been arrested in Bangkok, Thailand.

30 Jan 2026

Mariyath Mohamed

Parliament responsible for reformative action: MP Saleem

10 Apr 2025

ACC, Police launch joint probe into PCR test corruption

9 Mar 2025

Intel report: Police say Moosa's financial situation good

30 Dec 2024

Committee recommends immediate dismissal for corruption

13 Aug 2024

Muaz Mohamed Rasheed (Former MD, FENAKA)

Former Fenaka MD Muaz appointed as MWSC DMD

Former Managing Director of Fenaka Corporation Muaz Mohamed Rasheed has been appointed today as Deputy Managing Director at Male' Water and Sewerage Company (MWSC).

9 Jul 2026

Mariyath Mohamed

Fenaka MD Muaz resigns, says sees no way to improve company

23 Dec 2024

Fenaka posts profits in first two quarters of 2024: Muaz

2 Aug 2024

Streetlights in 144 islands violate safety standards: FENAKA

1 Aug 2024

MDP gov left Fenaka in deeper debt than estimated: Muaz

15 Jul 2024

Ahmed Saeed Mohamed, Former MD (FENAKA)

Five months on, Saeed remains under house arrest

Former Managing Director of Fenaka Corporation, Ahmed Saeed Mohamed, who was convicted of abuse of official position and sentenced to prison, has now been under house arrest for over five months.

29 Jul 2026

Mariyath Mohamed

Nasheed expresses concern over delay in Saeed's appeal

1 Mar 2026

Fenaka Saeed temporarily shifted to house arrest

16 Feb 2026

Saeed pleads not guilty of alleged ice plant corruption

17 Oct 2025

Fenaka Saeed sentenced to four years in prison

28 Sept 2025

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