NAB Karachi initiates inquiry against Fazaia Housing Scheme for allegedly 'cheating public'

Published November 29, 2019
The matter involves an amount of Rs13 billion invested by the general public. — File photo
The matter involves an amount of Rs13 billion invested by the general public. — File photo

The National Accountability Bureau's (NAB) Karachi chapter has requested its chairman to start a fresh inquiry against Fazaia Housing Scheme (FHS) Karachi on the allegation of "cheating public at large", a press release issued by the accountability watchdog said on Friday.

It added that the probe against FHS and others has been requested to address the grievances of a "huge number of affectees" — i.e. 6,000 people — who were allegedly defrauded under the housing project.

The matter involves an amount of Rs13 billion invested by the general public.

The NAB chairman "has been requested to initiate [a] fresh inquiry on the allegation of cheating public at large to provide relief to the affectees", according to the statement.

It said that NAB Karachi is determined to complete the inquiry at a fast pace and "hold accountable all the persons involved".

According to the scheme's website, the FHS was launched by the Pakistan Air Force for serving and retired personnel and civilians in March 2015.

In March 2018, NAB's executive board had decided to hold an inquiry against officials of FHS Karachi, and Sindh’s Board of Revenue and Land Utilisation Department to investigate alleged irregularities in a land deal.

At the time, the officials of Sindh’s land and revenue departments had been accused of providing land illegally to the FHS management.

Opinion

Editorial

Impending slaughter
Updated 07 May, 2024

Impending slaughter

Seven months into the slaughter, there are no signs of hope.
Wheat investigation
07 May, 2024

Wheat investigation

THE Shehbaz Sharif government is in a sort of Catch-22 situation regarding the alleged wheat import scandal. It is...
Naila’s feat
07 May, 2024

Naila’s feat

IN an inspirational message from the base camp of Nepal’s Mount Makalu, Pakistani mountaineer Naila Kiani stressed...
Plugging the gap
06 May, 2024

Plugging the gap

IN Pakistan, bias begins at birth for the girl child as discriminatory norms, orthodox attitudes and poverty impede...
Terrains of dread
Updated 06 May, 2024

Terrains of dread

Restored faith in the police is unachievable without political commitment and interprovincial support.
Appointment rules
Updated 06 May, 2024

Appointment rules

If the judiciary had the power to self-regulate, it ought to have exercised it instead of involving the legislature.