HDC Managing Director Caught Lying About Brother’s Building Permit in Land Scandal

Housing Development Corporation (HDC) Managing Director Ibrahim Fazul Rasheed is accused of lying after images showed a boundary wall built on Lot 20768, allocated to his brother Mohamed Fazeel Rasheed, Deputy Managing Director of MWSC. Fazul had denied at a press conference on Wednesday that his brother received a building permit. However, leaked documents reveal that the plot, worth over MVR 7.5 million, was registered to Fazeel despite the Housing Ministry flagging it as fraudulent and confirming Fazeel's ineligibility for the Binveriya scheme. HDC proceeded to hand over the land and issue a permit. The scandal involves approximately MVR 450 million allocated to 50 ineligible individuals. The opposition Maldivian Democratic Party (MDP) demanded Fazul's removal. A fire last week destroyed documents in key ministries, raising suspicions.

Housing Development Corporation (HDC) Managing Director Ibrahim Fazul Rasheed is accused of lying after images showed a boundary wall built on Lot 20768, allocated to his brother Mohamed Fazeel Rasheed, Deputy Managing Director of MWSC. Fazul had denied at a press conference on Wednesday that his brother received a building permit. However, leaked documents reveal that the plot, worth over MVR 7.5 million, was registered to Fazeel despite the Housing Ministry flagging it as fraudulent and confirming Fazeel's ineligibility for the Binveriya scheme. HDC proceeded to hand over the land and issue a permit. The scandal involves approximately MVR 450 million allocated to 50 ineligible individuals. The opposition Maldivian Democratic Party (MDP) demanded Fazul's removal. A fire last week destroyed documents in key ministries, raising suspicions.

Housing Development Corporation (HDC) Managing Director Ibrahim Fazul Rasheed is accused of lying after images showed a boundary wall built on Lot 20768, allocated to his brother Mohamed Fazeel Rasheed, Deputy Managing Director of MWSC. Fazul had denied at a press conference on Wednesday that his brother received a building permit. However, leaked documents reveal that the plot, worth over MVR 7.5 million, was registered to Fazeel despite the Housing Ministry flagging it as fraudulent and confirming Fazeel's ineligibility for the Binveriya scheme. HDC proceeded to hand over the land and issue a permit. The scandal involves approximately MVR 450 million allocated to 50 ineligible individuals. The opposition Maldivian Democratic Party (MDP) demanded Fazul's removal. A fire last week destroyed documents in key ministries, raising suspicions.

This story involves 1 source and may affect public understanding of housing / land scandal.