SC issues detailed verdict in Bahria Town case
The apex court had accepted Rs460 billion offer made by the management of Bahria Town as a settlement for its Super Highway Project and restrained the National Accountability Bureau (NAB) from filing reference against the company and concerned people.
ISLAMABAD: The Supreme Court on Tuesday issued the detailed verdict in Bahria Town case regarding the settlement of 16,896 acres in Malir District.
The apex court had on Thursday accepted Rs460 billion offer made by the management of Bahria Town as a settlement for its Super Highway Project and restrained the National Accountability Bureau (NAB) from filing reference against the company and concerned people.
A three-member implementation bench of the apex court in the Bahria Town Karachi case judgment headed by Justice Sheikh Azmat Saeed heard the case.
The court made it clear that upon default of payment of the required amount, the anti-graft body may proceed against the company in accordance with law.
On March 13, the court had reserved its ruling on whether or not to accept an offer of Rs450 billion from Bahria Town to settle case to the extent of Super Highway Project land of 16,896 acres in Malir and had adjourned the matter until March 21.
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