Punjab

NAB summons Shehbaz in connection with Ashiana housing scheme inquiry

The National Accountability Bureau (NAB) Lahore has summoned Chief Minister Punjab Shahbaz Sharif with regard to an inquiry into Ashiana-e-Iqbal housing scheme.
The Punjab chief minister is called upon to appear before a combined investigation team at the NAB complex in Lahore on January 22, read a letter by NAB Lahore.
NAB Lahore has been conducting an inquiry against management/officials of Punjab Land Development Company (PLDC), Lahore Casa Developers, Lahore Development Authority and others, it said.
The letter read that the prima facie Shehbaz Sharif, being the Punjab chief minister, ordered “cancellation of award of contract of Ashiana-e-Iqbal to successful bidder M/s Ch Latif and Sons, leading to award of contract to M/s Lahore Casa Developers (J.V), a proxy of M/s Paragon City (Pvt) Limited, which resulted into loss of Rs193 million approximately.”
Shehbaz directed “PLDC to assign the project Ashiana-e-Iqbal to Lahore Development Authority (LDA) resulting into award of contract to M/s Lahore Casa Developers (JV), thus causing loss of Rs715 million approximately and ultimately failure of project,” it said.