NAB recovers Rs15m, a luxury car owned by Ahad Cheema

LAHORE – National Accountability Bureau (NAB) Lahore Monday recovered Rs15 million and an expensive car belonging to former director general (DG) of Lahore Development Authority (LDA) Ahad Cheema, a private news channel reported.

It said investigating officials raided a showroom of a renowned car dealer in Lahore and seized Rs15 million, which were stashed by the former DG LDA.

As per NAB, Ahad Cheema was arrested over the charges of misusing his authority and, with criminal intent, processing and awarding Ashiana-e-lqbal project contract worth Rs14 billion to Lahore CASA Developers, a joint venture, a firm which was ineligible for the same. The contract, in connivance with other accused persons, was awarded in violation of the Punjab Procurement Rules (PPR) 2014.

Last week, an accountability court had sent former director general (DG) of Lahore Development Authority (LDA), Ahad Cheema, to jail on 15 days judicial remand in Ashiana Housing Scheme scam.

Previously, the NAB had informed the court that the Punjab government had already developed Ashiana Housing Scheme. However, changes were made in the scheme just to sponsor Paragon City. Moreover, the LDA awarded the contract in violation of given rules and regulations.

The project’s worth was Rs14 billion, but development work on the ground is only worth of Rs15 million.

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