LAHORE: National Accountability Bureau (NAB) has arrested an Lahore Development Authority (LDA) official on charges of corruption in commercialisation of LDA properties.
According to a NAB spokesman, the accused was identified as Usman Farooq. His arrest warrants were issued by NAB Director General Lahore Shahzad Saleem. The spokesman said the LDA had forwarded the graft case to NAB for probe into financial embezzlement in the wake of commercialisation fees amounting to Rs 160 million.
Furthermore, he said, NAB had initiated an inquiry in April 2017 against the allegations of corruption and corrupt practices in Lahore Development Authority.
Later, NAB arrested two accused Usman Latif and Muhammad Mairaj in July 2017 whereas Deputy Director Ghulam Asghar, Deputy Director Muhammad Saleem, one Assistant Director, Syed Waqar, and another Lahore Development Authority official, Nabeel Ahmed, were arrested after obtaining concrete evidence against them.
All these accused are on Judicial Remand with NAB for further investigations. NAB has acquired physical remand of accused Usman Farooq till October 24, the spokesman added.
