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

Rs10b loss: SC asked to declare 141 acres railways land lease to golf club invalid

byMonitoring Report
04/12/2014
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The federal government has asked the Apex Court to declare 49-year lease of Pakistan Railways (PR) land to the Royal Palm Golf Club, causing a loss of over Rs10 billion to the national exchequer.

A three-member bench headed by Justice Mian Saqib Nisar was hearing the case of allotment of Railways land for Royal Palm Golf Course, which was granted during the regime of former president Pervez Musharraf. Former Chief Justice Iftikhar Muhammad Chaudhry in 2011 had taken suo moto of the case on the application of Ishaq Khakwani and Dr Mobashir Hassan.

You might also like

“Young entrepreneurs can reshape Pakistan’s economic future”

17/10/2026

PIA launches special discount on flights to Toronto

16/10/2026

Three retired generals Lt-Gen (R) Javed Ashraf Qazi, Lt-Gen (R) Saeeduz Zafar and Maj-Gen (R) Hassan Butt are allegedly involved in fraudulent allotment of 141 acres of Pakistan Railways land to a golf club in Lahore.

Additional Advocate General Khawaja Ahmed Hussain said that the contract for Golf Club was awarded in unlawful and non-transparent manner, therefore, it should be declared invalid.

He said in the advertisement the Railways land offered was 103 acres, but actually granted 140 acres land, as the parties had demanded that the quality Golf Club could not be established on 103 acres. He further submitted that in the public tender process one can’t enter into private negotiation.

Related Stories

“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...

SECP proposes national digital market to secure better prices for farmers

byCT Report
15/10/2026

ISLAMABAD: The Chairman, Securities and Exchange Commission of Pakistan (SECP) Dr Kabir Ahmed Sidhu has proposed establishing a national agricultural...

Pakistan’s car sales rise 19pc in first quarter of FY27, decline 12pc in September 2026

byCT Report
14/10/2026

KARACHI: Pakistan's car sales increased 19% year-on-year (YoY) to 50,480 units during the first quarter of FY27, despite declining 12%...

Next Post

Best Buy to sell Five Star China business

  • 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.