NAB okays reference against Shahbaz in Ashiyana case

Published
10
PML-N President Shahbaz Sharif talks to lawyers ahead of a hearing of the Ashiana scam in an accountability court. — File photo
PML-N President Shahbaz Sharif talks to lawyers ahead of a hearing of the Ashiana scam in an accountability court. — File photo

LAHORE: The National Accountability Bureau (NAB) has approved a reference against Pakistan Muslim League-Nawaz president and Leader of the Opposition in the National Assembly Shahbaz Sharif and former principal secretary to the ex-prime minister Fawad Hasan Fawad in the Ashiyana-i-Iqbal housing scam.

NAB chairman retired Justice Javed Iqbal approved the reference during his visit to the Lahore NAB office on Thursday.

“The NAB chairman approved filing of a reference against suspects (Shahbaz Sharif, Fawad Hasan Fawad and others) in the accou­ntability court in the Rs14 billion Ashiyana housing scam during his visit to the Lahore bureau office. He also examined progress in the inquiries into the Paragon Housing scam and misuse of funds of 56 companies and Punjab police,” an official told Dawn.

The chairman directed Lahore NAB Director General Shahzad Saleem to expedite investigation into mega cases and ensure complete transparency. He said NAB was not in favour of media trial of any suspect rather at times it (bureau) fell victim to this itself.

Former Punjab CM is accused of misusing authority, while principal secretary to ex-PM Fawad Hasan Fawad allegedly made assets worth Rs740 million illegally

“The suspects (in NAB custody) are being provided facilities better than jail manual and it is ensured that their self-respect is not hurt,” Justice Iqbal said.

After the approval of the chairman, the reference in the Ashiyana case will be filed shortly.

According to a source, the main charge against Shahbaz Sharif is misuse of authority, while Mr Fawad is accused of making assets worth Rs740 million illegally, besides misuse of authority.

Shahbaz Sharif is accused of misuse of authority for cancelling the award of the project’s contract to successful bidder M/s Chaudhry Latif and Sons and instead obliging M/s Lahore Casa Developers (JV) – a proxy group of M/s Paragon City (Pvt) Limited (which is allegedly developed by former railways minister Khawaja Saad Rafique) – thus causing millions of rupees losses to the exchequer.

Saad Rafique and his brother Salman Rafique are also in NAB’s custody in the Paragon housing scam.

Shahbaz Sharif also allegedly directed the Punjab Land Development Company (PLDC) to assign the project to the Lahore Development Authority (LDA), resulting in award of contract to the Lahore Casa Developers (JV). This allegedly caused Rs715m loss to the exchequer and ultimately failed the project.

“Shahbaz is also accused of directing the PLDC to award consultancy services of the project to M/s Engineering Consultancy Services Punjab for Rs192m, whereas the actual cost was Rs35m as quoted by Nespak.”

Mr Fawad could not provide money trail of his assets. He, being implementation secretary to then chief minister Shahbaz Sharif in 2013, is also accused of misusing his authority in the award of contract to his ‘favourite’ party.

Mr Fawad had reportedly confessed (to NAB) that the contract of the successful bidder was cancelled at the behest of Shahbaz Sharif.

“Fawad made this confession in the presence of Shahbaz at NAB Lahore office,” the source said.

Former LDA director general Ahad Khan Cheema, a blue-eyed officer of previous Shahbaz Sharif government in Punjab, is also facing NAB references in the Ashiyana housing case and income beyond means.

Published in Dawn, December 21st, 2018

Opinion

Editorial

Fixing bond markets
Updated 01 Oct, 2026

Fixing bond markets

Pension funds, insurance companies, mutual funds, retail investors, and eventually, foreign investors must become bigger participants in the market.
Call centre rackets
01 Oct, 2026

Call centre rackets

A NUMBER of recent raids conducted by the authorities in different cities point to the growing threat fraudulent ...
Homeward bound
01 Oct, 2026

Homeward bound

FIVE months after Somali pirates captured an oil tanker carrying a 19-member multinational crew, Somali maritime...
Kashmir unresolved
Updated 30 Sep, 2026

Kashmir unresolved

The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
Water shortage
30 Sep, 2026

Water shortage

THAT the country is entering the Rabi season with an anticipated water shortage of nearly 25pc, the lowest carryover...
Young hearts
30 Sep, 2026

Young hearts

THE observance may have passed, but the message of World Heart Day should not fade with it. The occasion is a useful...