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Rs 16 billion DHA scam: Accountability court extends physical remand of two suspects

byM. Imran Mehar
22/02/2016
in Lahore, Latest News
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LAHORE: The National Accountability Bureau (NAB) has produced two suspects in the accountability court for their alleged involvement in Defense Housing Authority land scam.

According to reports, Hammad Arshad and Brigadier (r) Khalid Nazeer Butt have allegedly embezzled Rs 16 billion in the land scam.

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NAB officials stated before court that both the suspects robbed 26,000 people, including the families of martyred army personnel, of their money. They said that further interrogations from the alleged suspects are ongoing.  NAB officials demanded the court extend physical remand of the two for another 14 days. The court later announced their physical remand for further 12 days.

Earlier in February, NAB included former army chief Gen (r) Ashfaq Pervez Kiyani’s brother Amjad Kiyani in the investigation of the land scam.

NAB is pursuing a corruption reference against Kamran Kiyani, Hammad Arshad, owner of Globaco (Private) Limited, and Muhammad Hussain among others pertaining to land allotments for development projects in DHA, involving Rs 16 billion.

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