NAB ar­rest ac­cused in DHA scam

The Pak Banker - - NATIONAL -

The Na­tional Ac­count­abil­ity Bureau, Rawalpindi has ar­rested two re­tired mil­i­tary of­fi­cers and a civil­ian of­fi­cer as the main ac­cused in con­nec­tion with the DHA Is­lam­abad farm­house pro­ject scam amount­ing to Rs500 mil­lion, said a press re­lease is­sued by the ac­count­abil­ity watch­dog on Thurs­day.

Brig (retd) Javed Iqbal, who is the ex-ad­min­is­tra­tor of DHA and Col (retd) Saba­hat Qadeer Butt, ex-di­rec­tor pro­ject of DHA were ar­rested for mis­us­ing their au­thor­ity and vi­o­lat­ing the con­tract by sell­ing al­lot­ment cer­tifi­cates of DHA Is­lam­abad il­le­gally and in vi­o­la­tion of agree­ment be­tween DHA and Ely­sium Hold­ings Pak­istan Ltd, said the state­ment. An­other prime ac­cused, Waseem As­lam, who was Chief Ex­ec­u­tive Of­fi­cer of Ely­sium Hold­ings, has been ar­rested for caus­ing loss to the DHA and il­le­gal sale of non-saleable cer­tifi­cates of DHA in vi­o­la­tion of con­tract agree­ment and with­out pay­ment to the land own­ers.

NAB ar­rested Javed Iqbal and Saba­hat Qadeer Butt from Rawalpindi, while Waseem As­lam was ar­rested from La­hore, of­fi­cial sources said. Ely­sium Hold­ings, owned by Kam­ran Kayani, the younger brother of for­mer army chief Gen Ash­faq Parvez Kayani, is also fac­ing NAB ac­tion in the Rs16 bil­lion DHA City (La­hore) scam.

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