Gulf News

The details

- — Zubair Qureshi, Correspond­ent

The details of the case, according to the National Accountabi­lity Bureau (NAB):

Shahbaz Sharif, as chief minister of Punjab province, influenced the Punjab Land Developmen­t project (PLDC) board to assign the Ashianai-Iqbal Housing project to the Lahore Developmen­t Authority (LDA), which awarded the contract to Lahore Casa developers, resulting in a loss of Rs715 million (Dh21.15 million) and the ultimate failure of the project. Chaudhry Latif & Sons had paid Rs70 million as a mobilisati­on advance.

The provincial government later had to pay an additional Rs5.9 million to the company due to the illegal suspension of the contract.

Fawad Hasan Fawad, who is also in NAB’s custody in the same housing scam, misused his authority as Sharif’s implementa­tion secretary, enacted illegal steps.

Sharif also faces the music over his awarding of the consultanc­y services contract for the project to Engineerin­g Consultanc­y Services Punjab at a cost of Rs192 million, despite the actual cost being Rs35 million as quoted by Nespak, a renowned engineerin­g consultanc­y.

Newspapers in English

Newspapers from United Arab Emirates