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Privatization and Corporatization Board (PCB), on Monday, has appointed Mohamed Afeef Hussain to head Fenaka Corporation, a company that has been the target of multiple corruption allegations. Afeef becomes the third Managing Director appointed to Fenaka by the current administration. The first, Muaz Mohamed Rasheed, resigned voluntarily, after which Mohamed Najah was appointed on December 23, 2024. However, Najah was removed
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