Charges have been sought at the Criminal Court against the former Managing Director as well as a senior official of Fenaka Corporation Limited.

The Prosecutor General's Office stated that on 26 December 2024, they submitted two charges to the Criminal Court regarding a case where, under an agreement made in 2018 between Fenaka Corporation Limited and Blazon Inc. Private Limited, funds were issued to Blazon Inc. Private Limited in 2019 without the work being completed by Blazon Inc. Private Limited and without confirming the completion of the work, thus providing undue benefit to the company.

The first charge is against Ahmed Saeed Mohamed, the then Managing Director of Fenaka Corporation Private Limited, for the offense of misuse of official authority under Article 513 (b) of the Penal Code. The minimum sentence for the charge is imprisonment for one year, seven months, and six days.

The second charge is against Mariyam Dheena Salih of Fuvahmulah City, the then Procurement Head of Fenaka Corporation Private Limited, for the offense of misuse of official authority under Article 513 (b) of the Penal Code. The minimum sentence for the charge is imprisonment for one year, seven months, and six days.

The Prosecutor General's Office has stated that this act has caused a loss of more than MVR 900,000 to Fenaka Corporation.

Regarding the case, the Anti-Corruption Commission (ACC) has said that they have also decided to order the recovery of the money lost to Fenaka due to corruption. In addition to this, ACC is in consultation with the Prosecutor General's Office to decide on pressing charges in many other serious cases involving former officials of Fenaka.