LAHORE: The investigation wing of the National Accountability Bureau, Lahore, on Sunday, summoned former minister for railways Khawaja Saad Rafique and his brother Salman Rafique in the Paragon Housing scam by August 15. It was learnt that the bureau has summoned the Khawaja brothers, directing them to appear before the investigation team along with relevant record.
Previously, the investigation team had grilled Khawaja Saad Rafique for more than two hours in the same case. At that time as per NAB, he was unable to satisfy the investigators due to which he had been summoned again.
As per the scam details, NAB had started an investigation in November 2017 into a mega land scam involving Khawaja Saad Rafique’s Paragon Housing Society in Lahore and the Punjab Land Development Company (PLDC).
The bureau had written to the PLDC to submit record regarding its project Ashiana Iqbal Lahore for which a contract agreement was signed between the PLDC and Anhui Construction Engineering Group owned by Director Paragon Exchange Ali Sajjad, Bismillah Engineering Company owned by the chief executive of Paragon City Nadeem Zia and Sparco Group.
Later, the bureau had sought an explanation from the brothers regarding “exchange of their 50 Kanal piece of land with ‘developed plots’ measuring 40 Kanal in the Paragon Housing Society through an agreement.
Furthermore, the bureau had arrested Muneer Zia and Umar Zia, brothers of Paragon city Chief Executive Officer (CEO) Nadeem Zia. However, Nadeem Zia is still at large and most probably has fled the country.
Nisar Ahmed Khan, an officer of Police Service in Grade 20, has been transferred from FIA to KP government
Formal office order has been issued with approval of federal secretary Science and Technology
Punjab Charities Commission has organized an open discussion between NGOs and students of various universities
Significant change is reduction of KE’s US dollar-based ROE from 15% to 14% in line with other IPPs
This growth is anticipated to have a positive impact on the unemployment rate, albeit a slight one