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Home Breaking News

NAB Court extends remand of two builders in FHSK case

byCT Report
15/01/2020
in Breaking News, Karachi, Latest News
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KARACHI: An accountability court extended the remand of two detained builders for 14 more days in connection with a probe into reports of fraud in the Fazaia Housing Scheme Karachi (FHSK).
On 15 January 2020, the court was informed about how the land was acquired in the name of ‘shuhada (martyrs) and war heroes’, but hardly any units were allotted to the same.
The National Accountability Bureau (NAB) had arrested Tanveer Ahmed and Bilal Tanveer, said to be associated with Maxim Properties, for allegedly depriving the public of Rs18 billion through investments in the FHSK.
On Wednesday, the investigating officer of the case, Aslam Pervez Abro, produced both the suspects before the administrative judge of the accountability courts, Fariq Anwar Qazi, and sought extension in their physical custody for further interrogation and investigation.
The IO submitted a progress report, stating that during the course of interrogation further evidence had come on record that both the suspects were involved in cheating the public at large in the FHSK in connivance with officials of the PAF.
“In execution and launching of the FHSK, the suspects blatantly flouted the relevant government laws and carried out advertisement, sale, development and booking without getting approval of its layout plan from the Malir Development Authority and No-Objection Certificate from the Sindh Building Control Authority,” the report states.

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