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

NAB to file reference against Ahad Cheema

byCT Report
29/09/2018
in Business
Share on FacebookShare on Twitter

LAHORE: The National Accountability Bureau (NAB) Lahore has decided to file a reference against former Lahore Development Authority (LDA) director general Ahad Khan Cheema for possessing assets worth Rs700 million beyond his known sources of income.

The decision was taken at a meeting of the NAB regional board presided over by Shehzad Saleem here on Friday.

You might also like

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

20/10/2026

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

19/10/2026

According to a spokesman, the board authorised the filing of a reference against Cheema for possessing assets worth Rs700m beyond his known sources of income. He said the board also approved investigation against former principal secretary to the prime minister Fawad Hasan Fawad.

In June, the NAB had filed a reference against Cheema and five others over their alleged role in Ashiyana Housing Scheme scam. The five others included Bismillah Engineering Company owner Shahid Shafiq, LDA chief engineer Israr Saeed, Punjab Land Development Company (PLDC) chief engineer retired Col Arif Majeed, former PLDC chief executive officer Imtiaz Haider and PLDC official Bilal Qudwai.

The NAB filed the reference against the suspects under Section 18(g) of the NAO 1999.

According to the reference, Ahad Cheema caused a loss of Rs660 million to the national exchequer in the Ashiyana scam. The project cost ballooned to Rs3.4 billion, while 61,000 people who had applied for plots in the project suffered.

Cheema was arrested in February over charges of misusing his authority and, with criminal intent, processing and awarding Ashiyana-i-lqbal project contract worth Rs14bn to Lahore Casa Developers, a joint venture firm that was ineligible for the same.

The contract, in connivance with other suspects, was awarded in violation of rules. Cheema allegedly received illegal gratification in the form of 32 kanal (valuing at Rs30m approximately) from the owners of Paragon City (Pvt) Ltd. Cheema is in jail on judicial remand.

Related Stories

Punjab govt to ban sale, purchase and use of spying devices equipped with hidden cameras

byCT Report
20/10/2026

LAHORE: The Punjab government has decided to ban the use, purchase and sale of spying devices, including glasses, pens, watches...

Pakistan’s rice exports cross 1 million tonnes in first three months of FY27

byCT Report
19/10/2026

ISLAMABAD: Pakistan exported 420,277 metric tonnes of rice in September 2026, compared with 168,322 metric tonnes in September 2025. Rafiq...

“Young entrepreneurs can reshape Pakistan’s economic future”

byCT Report
17/10/2026

ISLAMABAD: The president of the Islamabad Chamber of Commerce and Industry has called for turning Pakistan's youth into a driver...

PIA launches special discount on flights to Toronto

byCT Report
16/10/2026

ISLAMABAD: Pakistan International Airlines (PIA) has announced a 30% discount on flights from Pakistan to Toronto, Canada, for travel until...

Next Post

Three Sialkot Customs Inspectors granted performance allowance

  • 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.