Tag: Property

LAHORE - An accountability court on Thursday issued orders to confiscate the property of Raja Riaz, owner of Raja Centre Main Market Gulberg Lahore. A reference had been filed against Raja Riaz in an accountability court with regard to a co-operative scam. He had been declared a proclaimed offender (P/O) owing to his non-appearance in court during the reference's hearing. Earlier the court had attached Riaz's properties located at 71-D-1 Gulberg-III and office no 147-F Raja Centre

LAHORE - A full bench of the Supreme Court on Thursday directed the National Accountability Bureau (NAB) Punjab director general (DG) to review the investigation into the forex-cum-property scam of Rs 1.38 billion and arrest the real culprits, including five bigwigs who were earlier spared by NAB.
The bench was hearing the bail matter of one Mohsin Ayub, a forex-cum-property dealer who is in jail for a property fraud.

FAISALABAD - Faisalabad is the first among 36 districts of the Punjab to introduce a computerised registration scheme for transferring property. The authorities claim that it is the most accurate and foolproof procedure that will bring the fraudulent deals regarding property to an end.
However, lack of staff at the single transfer counter for the whole district and absence of online verification through National Database Registration Authority (NADRA) have cast heavy aspersions