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HDC Exposes MDP Government Fraud: MVR 200M Misused Under Past Administration
The Housing Development Corporation (HDC) said it uncovered irregularities of approximately MVR 200 million involving its land, property and services between 2019 and 2023, including theft of property, misuse of assets and unlawful land leases and sales. HDC said the cases are being referred to investigative authorities and that it is cooperating with law enforcement, in line with President Dr. Mohamed Muizzu's zero-tolerance policy on corruption.
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Figures in these reports
as written, with the sentence they come from
2019 and 2023Period covered by the irregularitiesThe StandardThe Housing Development Corporation (HDC) has pledged decisive legal action against parties implicated in large-scale fraud involving its land, property, and services between 2019 and 2023.
Word for word from the report in The Standard. Open the report
