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HDC Board Members, Managing Director Suspended Amid Fraud Investigation
The Privatisation and Corporatisation Board suspended all Housing Development Corporation board members except its chairman, along with managing director Ibrahim Fazul Rasheed, after police opened a criminal investigation into alleged fraudulent land allocations under the Binveriya housing scheme. Investigators allege land worth MVR 450 million was allocated to about 50 ineligible people, and both the Maldives Police Service and the Anti-Corruption Commission are probing the matter.
Sources1carried itMR1 of 19 news outlets we monitor
Figures1as written, with their sentences
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.
What happened
in order; days are read from the reports' words and dates
Wed 18 DecHDC Managing Director Ibrahim Fazul Rasheed denied the land allocation allegations at a press conference.on Wednesdayonly Maldives RepublicAt a press conference on Wednesday, Fazul denied the allegations, insisting that all processes were followed lawfully.
Word for word from the report in Maldives Republic. Open the report
Who said what
the reports' own quoted words, each once
Even for my own blood, I am doing everything by the book
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Figures in these reports
as written, with the sentence they come from
approximately 50number of ineligible individuals who allegedly received land allocationsMaldives Republicthe allocation of land worth MVR 450 million to approximately 50 ineligible individuals, including Fazul’s brother, Mohamed Fazeel Rasheed
Word for word from the report in Maldives Republic. Open the report
Other events named
no clear day, as worded
Demonstrators gathered outside HDC headquarters calling for Fazul’s arrest.HDC headquartersMaldives Republicwith demonstrators gathered outside HDC headquarters calling for Fazul’s arrest
Word for word from the report in Maldives Republic. Open the report
A fire destroyed critical documents in three government ministries, including the Ministry of Housing.last weekthree government ministries, including the Ministry of HousingMaldives Republica fire last week that destroyed critical documents in three government ministries, including the Ministry of Housing
Word for word from the report in Maldives Republic. Open the report