LAHORE - The National Accountability Bureau yesterday seized “important documents” regarding the country’s biggest land scam during raids in Lahore’s Defense Housing Authority.
Sources familiar with the development disclosed to The Nation that special squads of the national accountability bureau raided the residence and offices of Hammad Arshad in DHA. According to sources, the NAB officials seized hundreds of files, copies of important papers and agreements, and computer CDs, disks, and hard-drives.
Arshad, a key suspect in the multibillion land scam is already in the custody of the bureau on physical remand.
The yesterday’s raids came as the Lahore High Court granted pre-arrest bail to the father and a brother of the key suspect – Arshad – in the land scam. “NAB investigators raided the house and offices of Hammad Arshad back-to-back in DHA today morning and they recovered important documents,” sources close to the investigations said.
They did not mention further details of the documents seized during yesterday’s raids. However, they confirmed to this reporter that the raids were successful since they seized important “record” that would be attached as evidences in this case.
An accountability court on Friday handed over Hammad Arshad, owner of Globaco (Pvt) Ltd, to the NAB in Rs 16 billion rupees DHA City scam. Earlier, the NAB officials produced the accused before Accountability Court Judge Abdul Sattar and requested the court to grant physical remand of the accused for investigation.
Reports said the NAB had received 17,000 complaints against the key accused Hammad Arshad. The DHA City project was launched primarily to accommodate the families of martyrs and soldiers of Pakistan Armed forces to allot them plots in recognition of their services and sacrifices.
The accused was the CEO of Globaco (Pvt) Ltd and involved in corruption and cheating the public at large. The company was unable to acquire the agreed land but it issued allotment letters nevertheless and collected around Rs15.47 billion from the public. Another accused in this biggest land fraud was named as Kamran Kiyani, brother of former army chief, General Ashfaq Pervez Kiyani.
Some media reports suggest the government has decided to contact Interpol to bring back Kamran Kiyani, who is living somewhere in UAE.
Amjad Kayani who is the elder brother of Kamran Kayani, rejected fraud charges and termed it as a conspiracy against their family. The multibillion land fraud has become talk of the town since both parties – the complainant and the accused – are getting published large advertisements on the outer pages of national newspapers to support their arguments.
The Globaco was assigned the responsibility to acquire the required land but the company failed to honour the agreement. Instead of having purchased the land agreed upon by the parties, they purchased only 13,103-Kanal and that too in scattered form.
Reportedly, the company issued allotment letters and collected money from the general public to the tune of Rs 15.47 billion. Later, Arshad transferred the money to his personal accounts and used it for his personal gains and invested in other business ventures, NAB investigators believe.