Ibrahim Fazul Rasheed

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Former managing director of HDC, resigned amid allegations of misconduct.

Ibrahim Fazul Rasheed is the former Managing Director of the Housing Development Corporation (HDC) in the Maldives, who resigned amid allegations of fraudulent land allocations under the Binveriya housing scheme, involving land worth MVR 450 million allocated to ineligible individuals, including his brother. He has been investigated by police and the Anti-Corruption Commission, and his passport was seized.

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