KARACHI: The Sindh High Court has directed the federal government, Pakistan Industrial Development Corporation (PIDC), Karachi Metropolitan Corporation, the Federal Investigation Agency and others to file their replies on a petition seeking action against people involved in the release of over Rs46 million by the PIDC to a fake account with the alleged connivance of senior KMC officials.

The petition was filed by Lal Bux, who impleaded the federal industries secretary, chief executive officer of the PIDC, KMC administrator, FIA, former KMC Saddar Town director Ashfaq Ansari, ex-CEO of the PIDC Gul Mohammad Rind, PIDC GM (admin) Ashfaq Ahmed and GM for finance Zahid Mughal as respondents.

The petitioner submitted that the PIDC had in 2012 approached the KMC to get proper lease documents of three plots the PIDC had purchased through auction in 1955 from the KMC.

He said ex-director Ashfaq Ansari arranged a fake demand note of Rs46,717,348 for the three plots in Bath Island and it was later handed over to the deputy GM, Deedar Kalhoro.

Published in Dawn, March 26th, 2017

Opinion

Editorial

On press freedoms
Updated 03 May, 2026

On press freedoms

THE citizenry forgets, to its own peril, how important a free and independent media is in the preservation of their...
Inflation strain
03 May, 2026

Inflation strain

PAKISTAN’S return to double-digit inflation after 21 months signals renewed economic strain where external shocks...
Troubled waters
03 May, 2026

Troubled waters

PAKISTAN’S water crisis is often framed in terms of scarcity. Increasingly, it is also a crisis of contamination....
Iran stalemate
Updated 02 May, 2026

Iran stalemate

THE US and Iran are currently somewhere between war and peace. While a tenuous ceasefire — extended largely due to...
Tax shortfall
02 May, 2026

Tax shortfall

THE Rs684bn shortfall in tax collection during the first 10 months of the fiscal year is a continuation of a...
Teaching inclusion
02 May, 2026

Teaching inclusion

DISCRIMINATORY and exclusionary content in Punjab’s textbooks has been flagged in Inclusive Education for a United...