Some 75 cases of alleged corruption at the Fenaka Corporation are under investigation, the Anti-Corruption Commission (ACC) has said, after instructing the utility company to recover more than MVR 20 million related to the cases.
The cases involve abuse of authority for undue gain in the company's management, ACC said.
Other cases include the employment of persons in violation of hiring rules, violations of the company’s procurement rules and disbursement of funds in violation of payment procedures.
“…after investigating various cases related to Fenaka so far, the ACC has told the company to recover MVR 20,504,491.54 of funds involved in the cases,” according to information made public by the ACC on Tuesday.
The commission also instructed Fenaka to implement 97 reforms in connection with the corruption cases, including 48 reforms related to management, 24 reforms related to policies, six reforms related to recovery of lost assets and six reforms related to investigations.
