Ensis: Audit done, sale talks ongoing

1 week ago

Ensis has addressed former President Abdulla Yameen Abdul Gayoom's allegation that the Maldives Industrial Fisheries Company (MIFCO) acquisition of the Ensis cannery in Hulhumale was a deal structured to benefit specific individuals. Ensis's USD 25 million cannery, which commenced operations in 2009, ceased production for 18 months in 2023 following President Mohamed Solih's decision to increase the fish purchase price to