General

Shehbaz Expected To Appear Before NAB Today

Chief Minister Punjab Shehbaz Sharif expected to appear before NAB in corruption charges today.
According to the details, the NAB has summoned Shehbaz Sharif for recording his statement in three corruption charges on January 22 along with all relating documents.
The bureau has summoned Shehbaz at 10.30am today with regard to an inquiry into Ashiana-e-Iqbal housing scheme.
According to NAB CM Punjab has caused the loss of one thousand and 65 million rupees to the national exchequer by using his powers illegally.
According to the notice sent by NAB to CM Punjab: First allegation,  despite successful biding of Chaudhry Latif and Sons for Ashyiana Iqbal Housing Society, on the orders of the CM Punjab cancelling the agreement contract was given to sub unit of Paragon’s Sada Developers that caused the loss of one hundred and 93 million rupees.
The second allegation, CM Punjab using his powers illegally ordered the PLDC to award the contract of Ashiyana project through Lahore Development Authority (LDA) to Paragon City that caused the loss of 700 million rupees to national exchequer and failure of project.
The Nespak has offered 35 million rupees for consultancy services, however the same contract has been given to favourite company in 192 million rupees.
On January 17, NAB Lahore issued a notification stating that NAB Lahore has been conducting an inquiry against management/officials of Punjab Land Development Company (PLDC), Lahore Casa Developers, Lahore Development Authority and others.
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.”
Earlier on Sunday, Shehbaz Sharif had shared that the National Accountability Bureau (NAB) has summoned him and he will bring the real face of the Bureau before the media with evidence.