LAHORE: The Accountability Court has adjourned the hearing of the 14 billion Ashiana-e-Iqbal Housing Scheme corruption case against Prime Minister Shehbaz Sharif till the 10th of December.
According to the details, the National Accountability Bureau (NAB) has alleged that while Shehbaz was Chief Minister of Punjab, he first transferred the project from the Punjab Land Development Company (PLDC) to Lahore Development Authority (LDA), and then instructed the authority to transfer it back to the PLDC.
He subsequently ordered PLDC to transfer it to the Paragon Housing Society and finally developed it on a Public-Private Partnership basis.
It is important to mention that Shehbaz Sharif inaugurated the housing scheme back in March 2012.
NAB has also alleged that Shehbaz Sharif violated the laws by interfering in the board affairs and then canceling the contract of Lateef & Sons in 2013.
The Bureau also said that a suspect named Fawad Hassan Fawad had forced the CEO of PLDC, Tahir Khursheed, and the Project Director, Ali Moazzam, to cancel the contract. As a result, the government had to pay PKR 5.9 million to the contractor in compensation.