News

FENAKA CFO Abdulla Waheed terminated

The Chief Financial Officer (CFO) of the FENAKA Corporation, Abdulla Waheed, has been terminated from his position.

Waheed had been on suspension since October 19 last year. His termination took place on September 26 of this year after nine years of service with the company.

Waheed joined FENAKA on September 11, 2014. He was sacked on September 26 this year after nine years of service.

Waheed Tuesday said the company had not informed him of the reason for his suspension or the reason for his subsequent dismissal. HE has been unable to contact FENAKA officials for clarification through phone calls, text messages, or emails, he said.

Waheed has been sacked as the CFO of the FENAKA Corporation at a time when some private companies have been protesting against the company over unpaid work for the corporation, and concerns have been raised about the corporation's high level of debt.