The court seized the passport of Hassan Mamdhooh, a minority shareholder of Hanbo Company Pvt Ltd, the Maldives agent of Korean Hanbo Tech, amid a fraud investigation into the unfinished K Park Residence Flats project. The scandal involves apartments allegedly sold to multiple buyers, forged signatures and Bank of Maldives accounts, with Urbanco also filing a police complaint.
One outlet so far Only Maldives Republic has reported this among the sources we monitor. A gap in what we monitor, not proof that others did not report it.
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Hassan Mamdhooh (centre) is set to face 225 charges in connection with the K-Park fraud (Photo: K Park)
Word for word from the report in Maldives Republic. Open the report
The building has 100 apartments, and an apartment was sold for MVR 3-6 million.
Word for word from the report in Maldives Republic. Open the report
The building has 100 apartments, and an apartment was sold for MVR 3-6 million.
Word for word from the report in Maldives Republic. Open the report
The court has seized the passport of Hassan Mamdhooh, a minority shareholder of Hanbo Company Pvt Ltd.
Word for word from the report in Maldives Republic. Open the report
Urbanco, the company that awarded the project, has also filed a complaint with the police.
Word for word from the report in Maldives Republic. Open the report
The K Park Residence Flats project, which started seven years ago, remains unfinished.
Word for word from the report in Maldives Republic. Open the report