AIRLINK 200.02 Increased By ▲ 6.46 (3.34%)
BOP 10.23 Increased By ▲ 0.28 (2.81%)
CNERGY 7.83 Decreased By ▼ -0.10 (-1.26%)
FCCL 40.00 Decreased By ▼ -0.65 (-1.6%)
FFL 16.80 Decreased By ▼ -0.06 (-0.36%)
FLYNG 26.50 Decreased By ▼ -1.25 (-4.5%)
HUBC 132.79 Increased By ▲ 0.21 (0.16%)
HUMNL 13.99 Increased By ▲ 0.10 (0.72%)
KEL 4.67 Increased By ▲ 0.07 (1.52%)
KOSM 6.57 Decreased By ▼ -0.05 (-0.76%)
MLCF 46.66 Decreased By ▼ -0.94 (-1.97%)
OGDC 211.89 Decreased By ▼ -2.02 (-0.94%)
PACE 6.89 Decreased By ▼ -0.04 (-0.58%)
PAEL 41.34 Increased By ▲ 0.10 (0.24%)
PIAHCLA 17.02 Decreased By ▼ -0.13 (-0.76%)
PIBTL 8.13 Decreased By ▼ -0.28 (-3.33%)
POWER 9.37 Decreased By ▼ -0.27 (-2.8%)
PPL 181.45 Decreased By ▼ -0.90 (-0.49%)
PRL 41.60 Decreased By ▼ -0.36 (-0.86%)
PTC 24.69 Decreased By ▼ -0.21 (-0.84%)
SEARL 112.25 Increased By ▲ 5.41 (5.06%)
SILK 1.00 Increased By ▲ 0.01 (1.01%)
SSGC 44.00 Increased By ▲ 3.90 (9.73%)
SYM 19.18 Increased By ▲ 1.71 (9.79%)
TELE 8.91 Increased By ▲ 0.07 (0.79%)
TPLP 12.90 Increased By ▲ 0.15 (1.18%)
TRG 67.40 Increased By ▲ 0.45 (0.67%)
WAVESAPP 11.45 Increased By ▲ 0.12 (1.06%)
WTL 1.78 Decreased By ▼ -0.01 (-0.56%)
YOUW 4.00 Decreased By ▼ -0.07 (-1.72%)
BR100 12,170 Increased By 125.6 (1.04%)
BR30 36,589 Increased By 8.6 (0.02%)
KSE100 114,880 Increased By 842.7 (0.74%)
KSE30 36,125 Increased By 330.6 (0.92%)

An accountability court here Saturday extended judicial remand of former railways minister Khwaja Saad Rafiq and his brother Khwaja Salman till March 4 and directed the National Accountability Bureau (NAB) to ensure early filing of the reference in the Paragon city case. The NAB alleged that the Paragon City was an illegal society and not approved by the Lahore Development Authority, it added. It also alleged that Saad Rafiq through his "benamidar" wife Ghazala and in connivance with his brother Salman, former MPA Qaiser Amin Butt and Nadeem Zia established a housing project in the name of Air Avenue.
It further alleged that the suspects along with other accomplices cheated public at large and obtained illegal financial benefits from the funds of the illegal society. It said the former railways minister had been and was continuously receiving monitory benefits from the housing project as he obtained 40-kanal land in his own name and in the name of his brother.
It said Saad received Rs 100 million approximately from Executive Builders (a proxy setup of Paragon City) in bank accounts of M/s Saadain Associates and M/s KSR Associates. The NAB further claimed that at least 90 individuals who were not given plots in the Paragon City despite payments had filed complaints with it.
The Khawaja brothers talking to the media after the hearing of the case slammed jail officials for bringing them to accountability court in an old and uncomfortable Armour Personnel Carrier (APC). Khawaja Saad complained, "The uncomfortable journey has increased my leg pain". He demanded of Chief Minister Usman Buzdar to take notice of the situation and order action against the responsible jail officials.

Copyright Business Recorder, 2019

Comments

Comments are closed.