Managing Director of Fenaka Corporation Muaz Mohamed Rasheed has said that while cases of fraud occurred during the previous management, the company is currently in significant debt.
/https://s3.mihaaru.com/photos/2024/03/04/387213_3_6fdad99564ae74fe3cd9e7a2fc139a1de0e8f5e3_large.jpeg)
Managing Director of Fenaka Corporation Muaz Mohamed Rasheed speaks about the current situation of the company. He has said that the case will be submitted to the ACC soon.
Malika Shahid
2024-03-05 11:14:10
Fenaka Corporation's current Managing Director, Muaz Mohamed Rasheed has said today that there is significant fraudulent purchases of engines and gensets within the company. He said that the case will soon be forwarded to the Anti-Corruption Commission (ACC).
During the meeting President Dr. Mohamed Muizzu held with the residents of Baa atoll Kendhoo, Muaz spoke in detail about the situation within the company.
Copyright © 2025 The Edition
/https://s3.mihaaru.com/photos/2020/04/09/272684_3_48e2b1e302279b31b0797c1e963d7b241824bf05_large.jpg)
/https://s2.mihaaru.com/photos/2017/05/04/144307_3_721e10b6f3cc1623539a6e64ffa4b584c914ff28_large.jpg)
/https://s3.mihaaru.com/photos/2023/02/10/356990_3_0ea2fda29f76666ba70e926380dc9e35cd20f418_large.jpg)
/https://s1.mihaaru.com/photos/2025/04/17/414897_3_fce4778bffee95b1121438e4271c20e596633c84_large.jpeg)