Luxury car, Rs14.5m in cash ‘belonging to Cheema’ seized

Published May 29, 2018
LAHORE: Stacks of currency notes that were seized in a NAB raid on the car showroom on Monday.—Dawn
LAHORE: Stacks of currency notes that were seized in a NAB raid on the car showroom on Monday.—Dawn

LAHORE: The National Accountability Bureau (NAB), Lahore, raided a car showroom on Jail Road here on Monday and seized a luxury car and Rs14.5 million in cash allegedly belonging to former Lahore Development Authority director general Ahad Khan Cheema.

According to an official source, a NAB team in connection with the Rs14bn Ashiyana-i-Iqbal housing scam raided the showroom and seized a Prado worth Rs11m and Rs14.5m in cash which Ahad Cheema had allegedly hidden there.

Chief Minister Shahbaz Sharif’s ‘blue-eyed officer’ Cheema remained in NAB’s custody for three months for allegedly misusing his authority and getting approved a fraudulent and illegal request by awarding contract of the Ashiyana-i-Iqbal project. He has been sent to jail on judicial remand.

During investigation so far NAB has unearthed over 90 kanal land worth millions of rupees which it said Cheema acquired through illegal means. Similarly, NAB is also probing into the assets of his family members.

“He also has shares of Rs400m in a society in Lahore,” the official said.

NAB had launched investigation into the scam in November last year after receiving a number of complaints regarding an ‘illegal deal’ involving 3,000 kanals between the Punjab Land Development Company — a company owned by the government — and private companies.

The bureau has also re-summoned prime minister’s secretary Fawad Hassan Fawad for Friday in this scam.

Published in Dawn, May 29th, 2018

Opinion

Editorial

GB polls’ aftermath
Updated 11 Jun, 2026

GB polls’ aftermath

The new administration must address the region’s issues proactively.
Peace in retreat
11 Jun, 2026

Peace in retreat

THE ceasefire announced in April was supposed to create space for negotiations. Instead, it has been repeatedly...
A few good men
11 Jun, 2026

A few good men

IT was a brave move, no doubt. This Tuesday, in the land of the Afghan Taliban, a few good men decided to take a...
Centre vs provinces
Updated 10 Jun, 2026

Centre vs provinces

The reason the centre finds itself in this position is rooted in its failure to expand the tax net and boost revenues.
Party in crisis
10 Jun, 2026

Party in crisis

THE young KP chief minister must be starting to realise just how thorny a seat he occupies. There has been a flurry...
Varsity woes
10 Jun, 2026

Varsity woes

FINANCIAL crises affecting public sector universities across Pakistan are now having an impact on academic...