ACC orders against the auctions from Rehendhi Flats

Anti-Corruption Commission (ACC) has ordered the Housing Ministry against the auction of the ten apartments to be sold from Rehendhi Flats and instead, pick a lottery among the buyers.

The ACC said today that they do not believe that awarding the apartments to the highest bidders is not the most impartial way.

And so, if the number of buyers are higher than the number of apartments that are being sold, the Ministry has been advised today to take a lottery among the applicants to select the buyers.

An announcement from the Housing Ministry on 10 April 2016 said that an auction would be held among the buyers that offer MVR 2 million in a single payment.

ACC said that the Ministry has been ordered to deem buyers who are taking bank loans as legitimate buyers if the bank assures the loan.

The Rehendhi Flats build on block 363 (TV Block) was built by FW Construction Pvt Ltd. 4+ Maldives Pvt. Ltd.