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Suspension of HDC Board Members lifted

Suspension of Housing Development Corporation's Board Members in relation to the ongoing investigation into allocating land to those not on the Binveriya scheme recipients list has been lifted today.

Mariyath Mohamed
24 December 2024, MVT 14:02
HDC-HULHUMALE
Mariyath Mohamed
24 December 2024, MVT 14:02

Suspension of Housing Development Corporation's Board Members in relation to the ongoing investigation into allocating land to those not on the Binveriya scheme recipients list has been lifted today.

Privatization and Corporatization Board (PCB) said that the suspension has been lifted as a new Managing Director has been appointed to the company on Sunday.

The newly appointed Managing Director of HDC is Mauroof Jameel, a pioneer in the initial reclamation and development of Hulhumale', an established architect and former Minister of Construction.

All board members of HDC except for recently appointed Chairperson Ahmed Nasif had been suspended on last Thursday to allow for the police investigation into the land issue to proceed unhindered.

Then MD of HDC Ibrahim Fazul Rasheed had also been suspended at the time. He later handed in his resignation on Saturday.

Members of the board besides Nasif are:

- Azhan Abdulla Saeed

- Ibrahim Yoosuf Fulhu

- Mohamed Visham

- Ula Mohamed Rasheed

- Arif AbduSamad

- Mohamed Najil

- Mohamed Waheed

- Fathimath Mizna Ali

- Yoosuf Waheed

Although the suspension has been lifted, their passports remain seized. In relation to this investigation, passports of 20 individuals are being held on police request. This includes Fazul and his brother Ibrahim Fazeel Rasheed, who is amongst those said to have wrongfully received land plots.

In addition to this, 15 staff of HDC have also been dismissed, with all said to have been in senior management under Fazul.

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