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HDC Managing Director Quits Amid ‘Binveriya’ Land Allocation Scandal
Housing Development Corporation (HDC) Managing Director Ibrahim Fazul Rasheed resigned after allegations of fraudulent land allocations under the 'Binveriya' housing scheme, which reportedly involved MVR 450 million of land going to about 50 ineligible individuals. Authorities have seized passports, suspended HDC executives, board members and political appointees, while police and the Anti-Corruption Commission continue investigations with no formal charges filed.
Sources1carried itMR1 of 19 news outlets we monitor
Figures4as 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 4 DecIbrahim Fazul Rasheed answered questions from members of the Parliament Public Accounts Committee during a hearing.4 December 2024only Maldives RepublicHDC Managing Director Ibrahim Fazul Rasheed answers questions from members of the Parliament Public Accounts Committee during a hearing on 4 December 2024.
Word for word from the report in Maldives Republic. Open the report
Who said what
the reports' own quoted words, each once
The allegations against the company in connection with the Binveriya scheme have nothing to do with the company. I wish the truth of the allegations to be revealed to the people at the earliest opportunity
Nothing to compare yet. If another monitored source reports it, its headline appears beside this one.
Figures in these reports
as written, with the sentence they come from
MVR 450 millionland value allocated to ineligible individualsMaldives RepublicHDC facilitated the allocation of land worth MVR 450 million to about 50 ineligible individuals, including Fazul’s brother, Mohamed Fazeel Rasheed
Word for word from the report in Maldives Republic. Open the report
about 50ineligible individuals who received land allocationsMaldives RepublicHDC facilitated the allocation of land worth MVR 450 million to about 50 ineligible individuals, including Fazul’s brother, Mohamed Fazeel Rasheed
Word for word from the report in Maldives Republic. Open the report
20 individualspassports seizedMaldives RepublicAuthorities have seized the passports of 20 individuals, including Fazul and Fazeel, to prevent them from leaving the country as investigations continue.
Word for word from the report in Maldives Republic. Open the report
10 political appointeespolitical appointees suspended by the Housing MinistryMaldives RepublicMeanwhile, the Housing Ministry has suspended 10 political appointees.
Word for word from the report in Maldives Republic. Open the report
