Ashiyana housing scam: NAB files supplementary reference against Shahbaz
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Ashiyana housing scam: NAB files supplementary reference against Shahbaz

Agency News

Islamabad, Dec 23 : The National Accountability Bureau (NAB) filed a supplementary reference against PML-N President Shahbaz Sharif, former principal secretary to the prime minister Fawad Hasan Fawad, Lahore Development Authority (LDA) director general Ahad Khan Cheema and others in the Ashiyana-i-Iqbal housing scam, Dawn reported.

Filed in an accountability court in Lahore, the supplementary reference alleges that Sharif had usurped "the powers of Board of Directors of Punjab Land Development Company (PLDC) and transferred the project of Ashiyana Iqbal from PLDC to LDA.

"The reference further states that Sharif, in "connivance" with Cheema, had awarded the contract to an illegible proxy which had resulted in "failure of the project and dishonest loss to the state exchequer and deprived 61,000 poor applicants from houses".

As per the reference, Sharif through his "illegal and unlawful acts while misusing his authority," caused a loss to the state exchequer amounting to Rs 660 million and also led to an escalation of the project cost by approximately Rs 3.39 billion.(UNI)

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