LAHORE – Former DG LDA Ahad Cheema seems to be in serious trouble as atleast 21 properties of the officer have been revealed in Pakistan andabroad.
He owns 21 properties inside and outside the country. During last one year,he has loaned Rs 21.6 million to one of his brothers while investing Rs 15million in the United States with another.
He also owns 2.5 kilograms of gold which is in his wife’s possession whilehis annual expenses are Rs 8.4 million.
Cheema’s monthly income is Rs 2 million (24 million annually) and earnsanother Rs 2.3 million annually as agricultural income.
He owns 20 kanals of agricultural land in Kot Momin, and over 134 kanals inBhik Ahmad Yar, Hafizabad. He also owns over 113 kanals of other land. His3-kanal plot in Lahore’s Baath village in Cantt is worth Rs 20 million andanother plot in Cantt is worth Rs 40 million.
There are other properties in his name as well, located in Model Town andother areas of Lahore, Cooperative Society in Islamabad, Hillock ViewIslamabad and Federal Government Employees Housing Scheme in Islamabad.Moreover, he bought a plot in FIA Employees Housing Society Islamabad, onein G-13 and 2 in Faisal Residencia Islamabad on instalments.
Cheema also bought a plot in LDA Avenue worth more than 10 million rupeesduring his tenure as LDA DG and also owns cash, bonds and shares worth Rs14.5 million.