Times of Islamabad

NAB launches investigations into yet another housing society in an alleged scam of Rs 16 billion

NAB launches investigations into yet another housing society in an alleged scam of Rs 16 billion

ISLAMABAD – National Accountability Bureau (NAB) Chairman Justice (Retd)Javed Iqbal Thursday directed investigation of the complaints filed by thepeople for non-completion of Park Enclave a residential project initiatedby Capital Development Authority (CDA), in 2011.

He directed the investigation after taking notice of the complaints ofnon-allotment of the plots by CDA despite receiving billions of rupeesespecially from the overseas Pakistanis, a press release said.

According to the details, the project of Park Enclave was initiated in 2011without completely securing all of the land for the project.

The CDA allegedly contrary to the facts not only spent millions of rupeeson the publicity of the project but after receiving Rs15 billion from thepeople could not complete the project in the last eight years.

This is sheer joke with masses and misuse of power by the authorities, hesaid.