FIA reveals Rs470 million assets of CDA ex-chairman

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The Federal Investigation Agency (FIA) has found out assets worth Rs470 million of Capital Development Authority (CDA) former chairman Farkhad Iqbal during investigation.

Farkhand was arrested on the charges of corruption in the civic authority’s irregularities in plots during his tenure as the CDA chairman.

The assets recently unearthed by the FIA included property worth Rs55 million owned by Farkhand’s wife and other valuable property owned by his son.