ISLAMABAD: Massive irregularities have been revealed in land allotment inGwadar Industrial Estate Development Authority (GIEDA) – an autonomous bodyformed by the provincial government to develop and manage Gwadar IndustrialEstate.

According to a notification dated December 30, NAB chairman Justice (retd)Javed Iqbal has taken notice of irregularities disclosed on an extensivescale in allotment of industrial and commercial plots in GIEDA, whichresulted in losses running into millions of rupees to the nationalexchequer.[image: an image]

The GIEDA put the development of Balochistan on stake; instead of being anindustrial development authority it turned into an estate agency, reads thenotification.

The authority, instead of allotting plots to genuine investors, distributedthe land to relatives and other preferred buyers, the notification adds.

Earlier in August, NAB Balochistan chapter launched an inquiry into analleged multi-billion scam featuring illegal land allotment in Gwadar,after reports of private individuals being allotted 3,167 acres of stateland worth Rs 70 billion in the port city.

During the initial inquiry, it was revealed that certain individuals, inconnivance with influential people and revenue authorities, weretransferred about 12,000 acres of land. After the scam was exposed,however, the land was restored in favour of the government.