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NAB arrests three in housing scam

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By Our Special Correspondent

LAHORE: Director General National Accountability Bureau (NAB), Lahore Shahzad Saleem has taken serious cognizance over existence of hundreds of illegal housing societies in Lahore and its adjoining areas. In this connection, NAB Lahore arrested three main accused involved in Public Health Engineering Cooperative Housing Society Case.
The accused are known as former-President, Dr Muhammad Shafiq, ex-Secretary General, Mian Muhammad Aslam and ex-office clerk Sheikh Rashid Mehmood. Moreover, the accused were supposedly involved in commission of scheduled offence of corruption and corrupt practices by cheating public at large and alleged financial embezzlements being committed by them.
All the accused committed illegal allotments in favour of their favourite persons without proper approval from management committee’s annual general meeting of Registrar Cooperatives.
The accused persons are also involved in misappropriation of funds of Society and gaining pecuniary advantages from illegal deeds.
Moreover, the accused in connivance with each others have illegally and by means of forgery got tempered official record and also allotted plots to their benamidars, hence, approximately more than 50 plots were transferred anonymously.
It is also pertinent to mention here that the accused persons embezzled hefty amounts from the official funds designated for the development work of the members of the Cooperative Housing Society. The physical remand of all three accused viz Mian Muhammad Aslam, Dr Muhammad Shafique and Sheikh Rashid Mehmood have been taken of not less than 15 days by producing them before an

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