Fenaka and RDC to be dissolved

6 days ago

President Dr. Mohamed Muizzu has made the decision to dissolve Fenaka Corporation and Road Development Corporation (RDC) as part of efforts to merge more state-owned enterprises. At a press briefing on Monday, President Muizzu said that it was clear from audits that the former Maldivian Democratic Party (MDP) administration had misused Fenaka. He said that his administration had engaged in multiple efforts