NAB to probe Saad Rafique’s Paragon housing society: report

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LAHORE: The National Accountability Bureau (NAB) on Monday launched an investigation into Railways Minister Khwaja Saad Rafique’s Paragon Housing Society in Lahore.

The investigation will also probe into the role of Punjab Land Development Company (PLDC) in this regard.

According to reports, NAB has written to the PLDC to submit record regarding its projects and directed PLDC to send copies of contract agreements and all other relevant files of the projects.

NAB had decided to initiate a probe into the matters of the minister’s housing society after receiving a number of complaints regarding ‘illegal deal’ involving 3,000 Kanal government land between the PLDC and the company overlooking the affairs of Paragon Housing Society.

According to the Land Disposal Act, a land measuring beyond five marlas cannot be sold without auction. The Colonies Department of Punjab government had also specifically maintained that if this land was not utilised for the scheme it would be surrendered back to the department as the government land could not be used for any other purpose.