Ex-MPs deny selling fuel at inflated price
Fenaka Pvt Ltd bought overpriced diesel from firms linked to ex-MPs, claims new managing director.
11 Jul 2019, 9:00 AM
State utility company Fenaka Pvt Ltd bought overpriced diesel from companies linked to two former MPs, the company’s new managing director told a parliament committee on Wednesday.
A company in which former Fonadhoo MP Abdul Raheem Abdulla has an interest and a company in which Vilufushi MP Riyaz Rasheed has an interest sold diesel at three times the market rate, Ahmed Saeed Mohamed said.
“Fenaka was able to buy diesel for MVR8.25 (US$0.54) per litre from Fuel Supply Maldives [FSM] but bought [it] for MVR28 per litre from these companies. These are companies which [have] interests of a Laamu atoll member and Thaa atoll member,” Saeed was quoted as saying at the parliament state-owned enterprise committee.
He confirmed that the MPs were Abdul Raheem (Adhurey) and Riyaz Rasheed, after being pressed by committee members.
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