Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Reference filed in illegal award Railway land: NAB

byCT Report
02/04/2018
in Business
Share on FacebookShare on Twitter

ISLAMABAD: National Accountability Bureau (NAB) has filed a reference against officers/officials in Accountability Court Islamabad for their alleged involvement in illegal award of lease of Railway Golf Club, Lahore.

The reference has been filed against accused former Secretary/Chairman Railways/former Federal Minister for Communication and Railways, Lt Gen (Retd) Javed Ashraf Qazi, former Secretary/Chairman Railways Board, Lt Gen (Retd) Saeed-uz-Zafar, former General Manager (GM) (M&S) Pakistan Railways, Maj Gen (Retd) Hamid Hassan Butt, former GM (Operations) Pakistan Railways, Iqbal Samad Khan, former Member Finance, Pakistan Railways, Khurshid Ahmed Khan, Director Directorate of Property & Land Pakistan Railways, Brig (Retd) Akhtar Ali Baig, former Divisional Superintendent, Pakistan Railways, Abdul Ghaffar and sponsors of Royal Palm Golf Club, Ramzan Sheikh and Pervaiz Qureshi, and five other officers and officials.

You might also like

CCP approves acquisition of BASF Pakistan by Kemyion Chemical Solutions Trading FZCO

23/06/2026

Islamabad vehicle owners face higher token tax under new revenue plan

22/06/2026

As per details issued here on Monday, in year 2001, Pakistan Railways offered lease of its Golf Club at Canal Bank Lahore for 33 years for which a number of firms submitted bids including MAX Corps Pvt Ltd.

During bidding process, the lease period was illegally enhanced from 33 years to 49 years. Moreover, the land offered also increased illegally from 103 Acers to 140 Acers by demolishing Railway officer colony. Hence, precious piece of land was leased out illegally in a non-transparent manner in order to grant illegal benefits to lease holder that is Main Land Hasnain Limited.

It has been established during investigation that the above mentioned accused persons have committed offense of corruption and corrupt practices through misuse of authority by illegal award of 49 years lease of Railway Golf Club Lahore measuring 140 acres in 2001 to M/s Mainland Hasnain Pakistan Limited (MHPL) for commercial purposes, causing a loss of Rs. 2.2 billion (approx) to national exchequer.

Related Stories

CCP approves acquisition of BASF Pakistan by Kemyion Chemical Solutions Trading FZCO

byCT Report
23/06/2026

ISLAMABAD: The Competition Commission of Pakistan (CCP) here on Tuesday approved the proposed acquisition of the entire shareholding of BASF...

Islamabad vehicle owners face higher token tax under new revenue plan

byCT Report
22/06/2026

ISLAMABAD: The National Assembly’s Standing Committee on Finance has approved an increase in vehicle token tax rates in Islamabad, marking...

Kerosene prices slashed by Rs48.29 per litre in Pakistan

byCT Report
20/06/2026

ISLAMABAD: The federal government has reduced the price of kerosene oil following a series of cuts in petrol and diesel...

World Bank mission reviews Sukkur Barrage project

byCT Report
18/06/2026

SUKKUR: A World Bank Implementation Support Mission on Wednesday visited the Sukkur Barrage Rehabilitation Project to assess on-ground progress and...

Next Post

LCCI vows to solves businessmen’s problems

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.