Fenaka Saeed sentenced to four years in prison

The former Managing Director of Fenaka Corporation, Ahmed Saeed, has been sentenced to four years in prison by the Criminal Court.

Saeed was found guilty of corruption earlier this afternoon, as the court determined he misused an official position.

Saeed was charged alongside then-Procurement Head Mariyam Dheena concerning the agreement established in 2019 between Fenaka Corporation and Blazon Inc. Pvt. Ltd. The allegation states that Blazon Inc received funds for project completion even though the project was not finished, along with another agreement being signed prior to the completion of the previous project.

The State requested that Saeed receive the minimum sentence of one year, seven months, and six days in prison.

Criminal Court Chief Judge Adam Mohamed ruled that while the State argued against increasing the sentence, such an action is within the judge's discretion.

The court imposed the strictest punishment for the crime, which is a four-year prison sentence.

The Judge remarked that corruption in State institutions has become widespread.

He mentioned that it is uncommon for individuals found guilty of corruption to face suitable penalties. He stated that the most severe punishment should be imposed to serve as a deterrent for others who might engage in corrupt activities.