LDA ex-DG Ahad Cheema indicted in illegal assets case
LAHORE (92 News) – Accountability Court Judge Najamul Hassan framed charges against LDA former director general Ahad Cheema on Thursday.
The court extended the judicial remand of Ahad Cheema for 14 days.
The NAB had arrested six people – former LDA DG Ahad Cheema, Bismillah Engineering Company owner Shahid Shafiq, Israr Saeed, Arif Majeed, PLDC’s former chief executive officer Imtiaz Haider and another PLDC official, Bilal Qudwai, for their alleged involvement in the housing scam.
Ahad Cheema was arrested a few months ago on charges of misusing his authority and, with criminal intent, processing and awarding the Ashiana lqbal project contract worth Rs14 billion to the Lahore CASA Developers, a joint venture firm which was ineligible for the same. The contract was awarded in violation of the law.
NAB inquiry further revealed that Bismillah Engineering Services Co (a major shareholder of JV titled Lahore CASA Developers) was a proxy firm working on behalf of Paragon City (Pvt) Ltd.
Cheema allegedly received illegal gratification in the form of 32 kanal (valuing Rs30.09 million approximately from the owners of Paragon City (Pvt) Ltd).