In a decisive statement addressing recent allegations, Managing Director Ibrahim Fazul Rasheed of the Housing Development Corporation (HDC) has categorically denied any involvement of the corporation in the allocation of plots under the Binveriya Scheme. This scheme, a housing initiative introduced by the previous government, has become the center of controversy following claims that plots were distributed to individuals not listed as recipients, including MD Fazul’s brother, Mohamed Fazeel Rasheed, who currently serves as the Deputy Managing Director of MWSC.
During a press conference convened to address these allegations, MD Fazul emphasized HDC’s non-participation in the allocation process. He asserted that HDC is not responsible for any decisions regarding plot distribution under the Binveriya Scheme. The statement comes amid rising concerns and scrutiny over the transparency and fairness of plot allocations by current governmental authorities.
Further details on this developing story are expected to emerge as inquiries continue into the integrity of the allocation process under this housing project.
