MVR 400 million in government utility bills unpaid to Fenaka Corporation

According to its financial statements, government agencies, including council offices, courts, and health centres, account for MVR 222 million of the outstanding amount, while state-owned companies owe an additional MVR 178 million.

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Fenaka Corporation Managing Director Muaz Mohamed Rasheed in an earlier press conference

Malika Shahid

2024-12-03 23:22:52

Fenaka Corporation has said that it is owed MVR 400 million in unpaid electricity bills from government agencies and state-owned companies operating in the atolls

According to its financial statements, government agencies, including council offices, courts, and health centres, account for MVR 222 million of the outstanding amount, while state-owned companies owe an additional MVR 178 million.

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