The Auditor General's Office on Wednesday decided to conduct a special audit on Housing Development Corporation (HDC) after accusations surfaced that the corporation had spent heavily on campaigns for President Abdulla Yameen Abdul Gayoom.
AG Office's spokesperson stated that Auditor General Hassan Ziyath decided to conduct the audit based on the information currently available. The official also stated that all the necessary preparations are underway.
"Currently work is ongoing to form a team and plans to conduct the audit," said the spokesperson.
Employees of HDC had presented a petition to the Anti Corruption Commission (ACC) explaining the activities happening within the corporation. However, the details of this petition are unknown.
Furthermore, documents have surfaced that indicate a pre-school building being constructed by HDC was used for President Yameen's campaign, and that HDC had spent millions for this.
It is an act of corruption to use state funds for any political activity, and the campaigning and promotion of any candidates.
Additionally, HDC was recently accused of attempting to destroy documents which contain details of communications within the corporation.
Meanwhile, it has been announced that 400 plots of land from Hulhumale Phase Two are to be sold at a rate of MVR 400,000 to overcome the financial issues faced by HDC.
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