Housing Development Corporation (HDC) Managing Director Ibrahim Fazul Rasheed has today resigned from his position.
Housing Development Corporation (HDC) Managing Director Ibrahim Fazul Rasheed has today resigned from his position.
His resignation letter was sent to President Dr Mohamed Muizzu today.
In his letter, Fazul stated that he is handing in his resignation so as to allow for the Police investigation into the Binveriya housing scheme to proceed unhindered.
He added that his intention in resigning is to allow the company to continue fulfilling the government's policies without halt or obstructions.
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