Chairman National Accountability Bureau (NAB) Justice retired Javed Iqbal has taken notice of ‘criminal delay’ in the completion of the housing project initiated by the Capital Development Authority (CDA).
The chief of top anti-graft body ordered an inquiry as to why the CDA-owned Park Enclave housing project is facing an inordinate delay in completion.
The anti-corruption watchdog through a press release Thursday announced to launch an inquiry into the ‘criminal delay’ in the completion of the housing project that started eight years ago.
“The housing project started in 2011 and the Capital Development Authority (CDA) has spent millions on its advertisement,” a statement from NAB said.
“Since then, the project has received an investment of billions of rupees from people, especially from overseas Pakistanis and after so many years, the allottees have been left high and dry,” it added.
NAB chairman termed this delay as a ‘joke with people’ and ‘misuse of power’ and ordered to launch an inquiry into the matter.
The CDA is under continuous criticism for failing to complete the project years after the deadline of its completion ended. The NAB had been receiving complaints about rigged plot balloting and alleged changes in the layout plan of the Park Enclave housing scheme.
Earlier this year, the Supreme Court had intervened in the matter and urged the authority to speed up the project.
In 2011, one Kanal plot was sold in Rs12 million. The price was revised to Rs17.5 million in 2014 for remaining plots.
The price of one Kanal plot for Park Enclave-II, as advertised in early 2015, was Rs22 million.
Despite the failure of Park Enclave Phase-I, the authority launched phase-II of the housing project and began accumulating more and more money. The development work in this project has not yet been started.
As per reports, the civic agency, through its lucrative sloganeers, collected a sum of 15 billion from the allottees but failed to give possessions.
CDA in 2011, promised more than 50 people to give possession of the plots in 2013. However, these allottees are still not sure if the civic agency would fulfil its commitment.