Illegal assets: NAB files reference against ex-DG LDA
LAHORE: The National Accountability Bureau (NAB) Lahore on Thursday filed a reference against former Lahore Development Authority (LDA) Director General Ahad Khan Cheema for possessing assets worth Rs 600 million beyond his known sources of income.
The NAB submitted that Ahad Cheema had assets worth Rs 600 million, which were beyond his known sources of income.
The officer failed to satisfy the bureau regarding his assets, it added.
Accountability Court Judge Syed Najamul Hassan will conduct proceedings on the reference on October 31.
NAB had already filed a reference against Cheema and five others over their alleged role in Ashiana-i-Iqbal Housing
According to the reference, Ahad Cheema caused a loss of Rs 660 million to the national exchequer in the Ashiana scam.
The project cost increased to Rs 3.4 billion, while 61,000 people, who had applied for plots in the project suffered.
Cheema was arrested in February over charges of misusing his authority and, with criminal intent, processing and
awarding Ashiana-i-lqbal project contract worth Rs 14 billion to Lahore Casa Developers, a joint venture firm that was
ineligible for the same. Cheema allegedly received illegal gratification in the form of 32 kanals of land.