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Former MD of Fenaka Corporation Ahmed Saeed.

ACC seizes passport of ex-Fenaka chief Saeed

While the ACC has confirmed the seizure of Saeed's passport, specific details regarding the investigation remain under wraps as it is still ongoing.

30 October 2024

Anti-Corruption Commission (ACC) has seized the passport of Ahmed Saeed, the former Managing Director of Fenaka Corporation.

This action, taken on October 9, is part of a broader investigation linked to allegations of misconduct during the administration of former President Ibrahim Mohamed Solih.

While the ACC has confirmed the seizure of Saeed's passport, specific details regarding the investigation remain under wraps as it is still ongoing. However, the context suggests serious implications, as Saeed is accused of facilitating theft and corruption within Fenaka, a state-owned utility company responsible for providing electricity and water services.

The controversy surrounding Saeed is part of a larger investigation that reportedly involves 31 cases related to Fenaka, all filed with the ACC following the change of government. These cases reflect concerns over potential mismanagement and corruption that may have taken place during Saeed’s tenure as MD.

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