Fazul said that MVR 5.4 billion should have been received under the Binveriyaa scheme. However, he stated that no communication has taken place regarding this matter so far.
The 1,351 plots of land allocated from Hulhumale' under the Binveriyaa scheme, which was implemented by the former President Ibrahim Mohamed Solih's government, are valued at MVR 5.4 billion, said Housing Development Corporation (HDC) Managing Director Ibrahim Fazul Rasheed today.
In response to a question raised by Maldivian Democratic Party (MDP) Hanimaadhoo MP Abdul Ghafoor Moosa (Gapo) at Parliament's Public Accounts Committee, Fazul said that MVR 5.4 billion should have been received under the Binveriyaa scheme. However, he stated that no communication has taken place regarding this matter so far.
"MVR 5.4 billion is the compensation amount proposed for the Binveriyaa scheme. The government has given out the land plots from Hulhumale', but land reclamation for Hulhumale' phase 3 also needs to be carried out in addition to this," he said.
The previous government had agreed to give HDC two lagoons in Male' atoll as compensation for the land provided by HDC. Along with the two lagoons, the government had also agreed to pay around MVR 7.9 million as compensation.
The previous administration had identified 18,955 people as eligible for the Binveriyaa scheme among Male' residents. Of these, 2,218 plots were to be allocated from Gulhi Falhu, 1,351 plots from Hulhumale', and 5,432 plots from Giraavaru Falhu.
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