Fraud accused remand extended

LAHORE:An accountability court Wednesday extended judicial remand of M Hafeez, an accused in Fazaia Housing Society fraud case till July 7.

The National Accountability Bureau accused Hafeez 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 them. The owners of MS Pearl De Gulf (Pvt) had signed an 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.