Over MVR 1.2 billion owed to HDC by private companies

A total of over MVR 1.2 billion is owed to Housing Development Corporation (HDC) by multiple private companies, it was revealed today.

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[File] Housing Development Corporation -- Photo: Mihaaru

Ameera Osmanagic

2024-11-25 20:32:05

A total of over MVR 1.2 billion is owed to Housing Development Corporation (HDC) by multiple private companies, it was revealed today.

Speaking at the Public Accounts Committee of the Parliament, Baarah MP Ibrahim Shujau said that MVR 195 is owed for cancelled agreements.

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