HDC Reformist

Mr. Ali Shareef is the Chief Financial Officer (CFO) of HDC and was the acting MD till Mr. Suhail was appointed as the MD under President Solih’s administration. He was hired with the master plan of former MD Saiman as it was difficult for Saiman to do whatever he wanted under the previous finance head. He blindly kept agreeing to everything what Saiman and PYAG administration was proposing, including the heavy loans and unplanned projects through HDC. When Saiman and Ali Shareef joined HDC, it has enough cash flow to pump on infrastructure and it was all due to the previous management and Finance Directors effort.

Sooner he became the closest ally of Saiman, had no idea where the company was moving and what was happening to the cash flow. They have accepted all the unusual proposals from contractors requesting for the release of interim payments, advance payments, etc. Basically, he agrees to anything which Saiman or PYAG administration requests without giving a thought to cash flow. He must take the full responsibility of the company’s cash flow crisis.

Immediately after assigning Bunyamin as the DMD later as the COO, he took the corruption to the next level where he was ordering to Ali Shareef directly to approve bills and payments. Being the head of Finance, he should think of the financial status of the company, however he kept approving things just to secure his position. He has approved financing to sports activities and approved cash withdrawals to those competitions. He acted like a puppet rather than working as the head of finance.

Approximately 35 to 40K he was earning per month when he was the position as Director of Finance. However, saying that they are revising all staff’s salary what they did was increased their salaries to the next level by increasing more than 40% to theirs and just small increment to the junior staffs. Changing his title from Director of Finance to Chief Financial Controller had increased his salary to approx. 72K per month. Taking this salary, he was blindly approving everything risking the company to bankruptcy.

After the election he started to make connections and meetings with MDP and the coalition to remain in the position. He started to make them believe that it was all because of Bunyamin or others and that he has nothing to do with it. But each employee of finance department knows that it was his negligence and through his support the company’s cash flow crisis occurred.

If anyone wants HDC to be how it was, he should be removed first including the rest of HOD’s who took millions of benefits from projects. Lets clean HDC, get rid of all corrupted heads.

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Currently Ahmed Faathih is the Head of Department of Municipal Administration. Previously he was working in MTCC and later joined to HDC with the influence of Ex. MD of HDC Mr. Saiman without following due processes. He joined HDC as the Asst. Director of HR Department and got promoted to Director in about 3-month period. Immediately after joining HDC he started to force staffs to participate in PPM campaign activities, forcing the staffs to sign PPM membership forms and allowing the staffs to carry out campaign activities using office resources.

Immediately after loosing the local council election there were news that a new DMD would be appointed to HDC. Faathih who was a close ally of Saiman, was appointed as the Head of Municipal Administration just to fill all available Executive positions before new DMD arrives, just to keep the control in EXCOM so that Saiman can influence major projects to be allocated to parties where he gets the cuts.

However, he made deals with Bunyamin and betrayed Saiman, where he was planning to be the future DMD and Bunyamin as the MD of HDC. Some of the major corruptions that he got involved are;

Allocating HDC Flat No: 6-2-06 (3 Bedroom apartment) for him against the policy, direct order from Bunyamin. He then renovated the apartment and all expenses were borne by HDC to which approx. MVR 300,000/- had been spent. Furthermore, electricity, cable tv, internet, water, furniture’s, household items, and any such items were all funded and provided by HDC.
Faathih’s Grand wedding ceremony that was held in Phase 2, Farukolhufushi Event space where all expenses were borne by HDC. Staffs, vehicles and Vessels (Dhoni) was used for this wedding ceremony and the electrical panel board of that Event space was awarded to their close relative without following bidding process and many cuts they have received from it. This case reported to ACC, but through Bunyamin’s influence that didn’t go well.
Being the HOD of Municipal, he approves building usage permits, vehicle permits, trade permits and other such where he negotiated with the owner of Bombay Darbar demanding for over MVR 80,000/- and said would approve their permit which was against the current planning policy of HDC. He has had many such cases where he has abused his power and demanded cuts directly from the owners to approve such.
He has involved in every part of corruption Bunyamin has had in HDC. Faathih created fear among staffs and forced them to work on PPM jagaha activities and forced them to attend to party events saying if not attending then they will terminate the staff.
He has also risked over 7,000 peoples lives by making deals with the Chinese contractor where planned assessment of 1000 flats were scheduled. The aim of this assessment was to identify the stability of the building, as there were many structural issues/failures seen from those buildings and the stability of the building to withstand is in doubt.
Faathih has also gained many cuts through the events, especially the events that was arranged by Municipal or by Bunyamin’s order such as; Maahefun, Tharaaves, etc, that was open to public and all community related events. Also, he was the main man of Bunyamin in enforcing PYAG and Kadhuru Fathuma’s agenda like hithaanee camp (full event major expenses were from HDC cashflow), PPM events, etc.
Events organized by private parties need to attain certain permits in which also Faathih has had many cuts. One of the known are Ooredoo events that was held in Central Park.
He was accused of sexual harassment and a very known case happened in Hulhumale’ PPM campaign office where he was on suspension until the matter was cleared. However, due to some influence and his participation in the major corruption of Bunyamin, he was brought back. Also, there are accusation of him forcing the ladies working in Municipal department to sleep with him or else would be terminating them.
He also played main part in trying to rig the election and was the key player who used office facilities to print and forced staffs to sign the petition that was supposed to be submitted to court to annul the election.