Home / Breaking News / Corruption Scam: Fawad Hassan Fawad handed over to NAB on 14-day physical remand

Corruption Scam: Fawad Hassan Fawad handed over to NAB on 14-day physical remand

LAHROE -UNS – The Accountability Court of Lahore on Friday handed over ex-Prime Minister Nawaz Sharif s principal secretary, Fawad Hassan Fawad to the National Accountability Bureau (NAB) on 14-day remand in Rs14 billion Ashiana Housing Scheme scam.

The senior bureaucrat was produced before the accountability court. The court while approving the request of NAB grant 14-day physical remand of the accused.

Fawad Hassan Fawad was arrested a day earlier for alleged corruption in the Ashiana Housign Scam.

He pressurized chief executive officer (CEO) Tahir Khursheed and Project Director Ali Moazzam of Punjab Land Development Company (PLDC) to cancel the contract with M/S Chaudhry Latif and sons and gave it to Casa Developers.

The government had to pay Rs5.9 million in damages due to alleged cancellation of the contract that further delayed the project.

Arrest of Fawad made under charges

He also constructed a plaza in Rawalpindi through illegal assets. Fawad neither presented any record before NAB nor was able to respond to their queries. Motorway Housing Scheme was illicitly approved at his behest.

He was also charged with relocation of Compressed Natural Gas stations and illegally serving in a bank.

According to NAB, Fawad was taken into custody on ample evidence gleaned from statements of co-accused testifying against him while he will be produced before accountability court on Friday.

Who is Fawad Hassan Fawad?

Fawad Hassan Fawad served as the principal secretary to former Prime Minister Nawaz Sharif and is considered his close aide.

He was removed from the position on June 1, 2018 and appointed as director general of Civil Services Academy, Lahore.

Check Also

PM House vehicles auctioned: 70 cars auction above market price: Information Minister

ISLAMABAD -UNS- Seventy vehicles of the Prime Minister House have been auctioned above the market …

Repatriation of illicit finances, recovery of stolen assets: Pak-UK sign accord to stop money laundering

BY IFTIKHAR MASHWANI ISLAMABAD – The governments of Pakistan and the United Kingdom on Monday …

%d bloggers like this: