HDC vows to recover damages over Sea Life housing fraud

Housing Development Corporation (HDC) on Tuesday stated that the corporation will move towards recovering indirect or direct damages incurred due to the recent settlement agreement drafted by the state over the Sea Life Global housing fraud.

In a statement released by HDC, both the state and HDC claimed that even though no negligence was present on their part, the agreement was formulated in an effort to reduce damages and establish justice for those suing Sea Life.