Remand of housing society fraud case accused extended

LAHORE: An accountability court Wednesday extended judicial remand of the accused in the Fazaia Housing Society fraud case till June 7.

The court extended the remand of accused M Hafeez. The National Accountability Bureau accused him of fraud by robbing citizens in the name of the housing scheme. He is brother of accused Saleem Hanif, who is already under custody. The NAB had received more than 1,000 claims against both.

The owners of MS Pearl De Gulf (Pvt) had signed a MoU with the directors of Estate Project of PAF for acquiring land measuring 350 acres for development of Fazaia Housing Scheme, Sargodha, however, the accused without acquiring the land illegally sold plot files to the general public and allegedly collected billions. The accused sold plot files without taking any approval from the PAF administration. The accused transferred 136 acres in the name of Fazaia Housing Scheme and more than 106 acres had been sold to the general public over and above their share.