K-Park case: HDC face allegations of serious negligence

1 month ago

Leaked documents raises serious allegations of gross negligence against the Housing Development Corporation (HDC) regarding its dealings with the Korean firm Hanbo Company Limited. These documents bring into question HDC's accountability in the controversial mixed-use residential project in Hulhumalé, suggesting a pattern of regulatory oversight failure, ranging from neglecting to verify the developer's legal status to ignoring critical contractual deadlines. The K-Park