HDC Suspends Senior Executives as Fraud Probe Deepens
Housing Development Corporation (HDC) has suspended five senior officials in connection with an ongoing investigation into alleged fraudulent land allocations...
MWSC Suspends DMD Fazeel as Authorities Probe Land Allocation Irregularities
The Deputy Managing Director (DMD) at Malé Water and Sewerage Company (MWSC), Mohamed Fazeel Rasheed, has been suspended following allegations...
PG Orders Investigations Into Gedhoruveriya, Binveriya Housing Schemes
The Prosecutor General (PG) has ordered a criminal investigation into the housing schemes for Malé residents initiated by the previous...
HDC Board Members, Managing Director Suspended Amid Fraud Investigation
The Privatisation and Corporatisation Board (PCB) has suspended all members of the Housing Development Corporation (HDC) board, except its chairman...
HDC Managing Director Caught Lying About Brother’s Building Permit in Land Scandal
Housing Development Corporation (HDC) Managing Director Ibrahim Fazul Rasheed is facing fresh scrutiny after it was revealed that his brother,...
HDC Chief Denies Fraud Allegations, Calls Land Allocation to Brother Coincidental
Housing Development Corporation (HDC) Managing Director Ibrahim Fazul Rasheed has denied allegations of fraudulent land allocations under the government’s “Binveriya”...
MDP Demands Probe Into HDC Corruption Allegations, Calls for MD’s Removal
The opposition Maldivian Democratic Party (MDP) has called for an investigation into allegations that the Housing Development Corporation (HDC) allocated...
HDC Press Conference on Land Scandal Delayed as Media Exclusion Sparks Outrage
A press conference by the Housing Development Corporation (HDC) scheduled to address recent allegations of fraudulent land allocations under the...
HDC Faces MVR 450M Land Allocation Scandal; MD’s Brother Among Recipients
Allegations have surfaced that the Housing Development Corporation (HDC) facilitated the allocation of land worth approximately MVR 450 million to...
Government Onboards Two More Chinese Companies for Rasmalé Project Amid Ongoing Delays
Two Chinese companies have been awarded contracts to reclaim the last two of the 12 sites to be developed as...
