MULTAN: National Accountability Bureau (NAB) Multan has arrested Muhammad Walayat Khan Deputy Registrar Bahawalpur Division (Ex-District Officer Cooperatives Multan) and Iqbal Ahmed Ex-Inspector Cooperatives Multan on their alleged involvement in illegally reactivating Government Officials Cooperative House Building Society Multan.
NAB spokesman said in a statement that both accused illegally reactivated Government Officials Cooperative House Building Society Multan in year 2010 which was defunct since 1959. Initially the cooperatives refused to reactivate the society, however, upon promise
of 5% quota for employees of co-operatives, the management committee illegally reactivated the society thereby allotting 1946 plots in violation of bye-laws in both phases.
After illegal reactivation, the accused management committee of society launched two phases at Mouza Babranwala near Chowk Kumharan here and Mouza Kot Rabnawaz at Southern bypass near Vehari Chowk here without the prior permission of registrar cooperatives Punjab. The management of society conducted balloting without getting layout plan approval from Multan Development Authority (MDA).
The accused management committee illegally used the logo of MDA thereby giving false impression to general public luring them and collected Rs 1.2 billion. Till date marginal development worth Rs 50 million has been carried but not a single plot has been handed over to allottees.
Earlier in 2016, the only permission allowed by MDA for phase II was withdrawn by declaring the entire scheme as illegal. Both accused were produced before Judge Accountability Court Multan. The NAB court allowed physical remand of the two accused for 13 days.
Another accused Malik Naseer Ahmed Bhatti, already in custody, revealed that he obtained an amount of Rs 481 million in lieu of development works and procurement of lands. However, in return he transferred land valued Rs 280 million approximately in the name of society. This way he was overpaid to the tune of Rs 150 million by the society.
