The Anti-Corruption Commission has ordered utility company Fenaka to get back MVR 20 million after the initial investigations of several allegations of corruption against the company in need of dire finances.
In a statement today, ACC said that it was investigating 75 corruption allegations made against Fenaka. ACC highlighted four main allegations against the Utility company and they include;
- Using the power of the position to get or give undue advantages when operating the company
- Getting new employees by going against the company's hiring policy
- Not implementing the Company's procurement policy
- Issuing funds against company policy
The ACC said that after the initial investigation into the 75 corruption allegations against Fenaka, it has now ordered the Company to get back MVR 20 million that it is involved in these cases.
The ACC also said that it has instructed Fenaka to implement 92 reforms including 48 operational reforms, 24 policy reforms, and 6 reforms on getting back money owed to the company, and also instructed the company to investigate 6 incidents.
The Commission further indicated that it has shared a corruption risk assessment report of the company with the Parliament's State-Owned Enterprises committee and relevant government agencies.
ACC's probe into Fenaka came as the Parliament debates on a resolution calling on the Company to pay what it owes to Small and Medium business enterprises.
