LAHORE - The National Accountability Bureau (NAB) and Anti-Corruption Establishment (ACE) Punjab are investigating Rs 1 billion mega scam in Lahore Rapid Mass Transit System (LRMTS) allegedly committed by four former employees of transport department with the connivance of former secretary transport Agha Nadeem, The Nation learnt through reliable sources on Tuesday. As revealed in the FIR registered with the AC police station on July 11, the previous government got a loan of Rs 1 billion from Asian Development Bank to provide transport facility to the Lahorites and used the same for the preparation of study report for the LRMTS. Agha Nadeem, got the report prepared by one of his friends Mazhar's so-called firm. Reportedly, Mr Agha had arranged his foreign tours and there, he fulfilled his desires. On his return, his friend submitted a fake report prepared by the students of engineering university against a very low payment. The FIR further said that Agha Nadeem had received about Rs 500 million in the scam and forwarded his brother Agha Najeeb who has petrol pump in the City. It was also learnt that Agha is busy in construction of magic river park in the cavity of motorway, which would cost Rs 1.5 billion. One Amzhar is bearing expenses of Agha Nadeem's son who is studying in London. The astonishment has been expressed in the FIR over the cost of study report making its comparison with Kalabagh Dam and said that the report prepared is more costly than KBD. It merits mentioning here that the scams of such nature are usually probed by the NAB. But, due to unknown reasons, the case is also being investigated by the ACE. It is also important to note here that the FIR registered in this regard with the ACE has a special language as it starts from the phrase and heading, "A historical fraud of Rs 1 billion of secretary transport, Agha Nadeem (a right hand of former Punjab Chief Minister Chaudhry Pervaiz Elahi) in the name of study report". A source in the NAB said that it was beyond perception why the ACE was taking up the issue of such nature which falls under the jurisdiction of NAB. He said, "The NAB enjoys more powers than any other anti-corruption agency in the country and its all offences are non-bailable and only High Court can grant bail, whereas the ACE offences are bailable; NAB offences have rigorous imprisonment of 14 years while the ACE offences have imprisonment of two to three years; the NAB can get physical remand of an accused for 90 days while the ACE only for 14 days. Similarly, the NAB has special powers of recovery and arrest which any other anti-corruption agency has not." Meanwhile, in an important development on Tuesday, the first FIR reportedly had been quashed and a new one has been registered, wherein the number of accused has been minimised. However, no ACE official was available to verify this information.