ISLAMABAD – National Accountability Bureau (NAB) on Saturday has decidedto file another reference against former director general of LahoreDevelopment Authority (LDA) Ahad Cheema.
According to details, the bureau has found new evidence against the accusedduring the investigation of River Ravi Zone Front Development Project afterwhich it has decided to register another case against him.
Earlier, NAB, during hearing, adopted the stance Punjab Land DevelopmentCompany inked the agreement on Jan-20, 2015 with Paragon Housing Society toconstruct the Ashiana-e-Iqbal Housing Society whereas as much as 16000underprivileged citizens submitted money worth Rs610 mln.
Legal counsel of anti-graft watchdog further went on to say that projecthad not been completed yet.
NAB officials held that it is illegal to award contract over Rs150 mln andthat the provincial exchequer suffered loss worth Rs640.50 mln owing toincompetency of the companies.