Land allocated from Hulhumale' for Binveriyaa scheme valued at MVR 5.4 billion

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.