NAB files reference against ex-chairman CDA

The Nation

Islamabad – NAB Rawalpindi has filed a corruption reference against Imtiaz Inayat Elahi, Ex-Chairman CDA, Saeed- Ur-Rehman, Member Finance CDA, and others in case of illegal construction of cultural complex at Shakarparian, Islamabad in Accountability Court Islamabad.
As per details, Imtiaz Inayat Elahi , Ex-Chairman CDA and Saeed- Ur-Rehaman, Member Finance CDA illegally ordered for stoppage of work on ongoing project without solid reason, misused authority and caused Rs 471.498 loss to the national exchequer. Reference was filed by Investigation officer Malik Zubair in Accountability Court, Islamabad on 27.06.2018. DG NAB Rawalpindi Irfan Naeem Mangi said that in light of the directions of Chairman NAB, Justice Javad Iqbal, all out efforts are being made to recover the looted money from swindlers and individuals corrupt. He said that Chairman NAB has categorically directed to all ranks of officers/officials of NAB to pursue proactively corruption cases as per NAB’s Standard Operating Procedures (SOPs) transparently and on merit and take necessary measures to arrest corrupts and proclaimed offenders in order to eradicate corruption from the country.
4. SC bars NAB from taking action against Bahria Town
June 28, 2018
ISLAMABAD: The Supreme Court on Wednesday restrained the National Accountability Bureau (NAB) from taking any action against Bahria Town and allowed its management to carry out its project and receive money from the investors in its new account.
A three-member bench of the apex court headed by Chief Justice Mian Saqib Nisar heard review petition of Bahria Town against its verdict declaring illegal the land allotted to the company by the Sindh government as well as Malir Development Authority, Karachi.
The court gave these orders after Malik Riaz, Chief Executive of Bahria Town, in pursuance of the court’s earlier order, gave an undertaking to deposit Rs5 billion with the court and desist from selling any of his or his wife’s properties.
The court directed that the anti-graft body will not take any action against the management of Bahria Town till the disposal of the review petition.
On last haring the court had directed Malik Riaz to deposit Rs5 billion with the Supreme Court as surety within two weeks besides directing him to come with proposals. On Wednesday, the court permitted Malik Riaz to go head by receiving money from investors in its new account till the decision of his review petition. The court however, asked the property tycoon to deposit 20 percent of the money received from the investors in a separate account opened at the apex court.
The court further directed that the management of Bahria Town can retain 80 percent from the receiving amount for utilisation of its projects and other purposes.
The court further directed that properties in names of Malik Raiz’s wife, sons or daughters to be attached as surety by the court.
The court noted down in its order that as one

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