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Akash Samaroo
The Housing Development Corporation (HDC) will end its contracts with at least 50 maintenance providers and their employees by year’s end and has signalled the possibility of further staff reductions as its chairman seeks to reverse, what he says, is a decade of severe financial mismanagement.
In an exclusive interview with Guardian Media at the HDC’s South Quay office yesterday, Chairman Feeroz Khan painted a picture of the corporation’s current financial predicaments, which he said have led him to take certain “corrective actions.”
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