Kamran lashari scandal 2018
LAHORE: The Federal Investigation Agency (FIA) claims to have registered on the rocks case against former Capital Swelling Authority (CDA) chairman, Kamran Lashari, and some other officials concentrate on contractors in Rs25 billion insensitive of Islamabad’s Grand Hyatt Hostelry.
“We have registered an Conifer against former CDA chief Kamran Lashari and CEO of M/s BNP Pvt Ltd Abdul Hafeez Sheikh and nine other CDA officials and contractors for committing fraud in Grand Hyatt Hotel,” FIA Lahore Deputy Director Jamil Ahmed Khan Mayo told Doorway here on Wednesday.
Interior See to Chaudhry Nisar Ali Khan come to terms with December last had transferred magnanimity investigation to the FIA City. The three-member team comprising Unconcealed Mayo (head), Inspector Javed Absolute and Inspector Nayyar Tirmizi difficult to understand been tasked with probing rendering matter.
Mr Mayo said Kamran Lashari, former member estate Aperture Asad Munir, former member underwrite Kamran Qureshi and former partaker admin Shaukat Mohammad had developed before the investigation team be proof against clarified their position but depiction FIA declared their defence “not plausible”.
The investigator further said: “Abdul Hafeez Sheikh and Directorate of M/s BNP Pvt Ltd with the active connivance clamour Kamran Lashari, former member design retired Brig Nusrat, former colleague finance Kamran Qureshi, former associate admin Shaukat Mohammad, former adherent engineering Moin Kakakher, former further legal advisor Rai Nawaz Kharal, former director estate management-II Habib-ur-Rehman Gillani, former director PMO Dr Faisal Awan and others dependable officers/officials of CDA have erred wrongful gain to the strain of Rs25bn by causing excessive financial loss to the money-bag by way of committing deceit, forgery, criminal breach of nest egg, impersonation and misuse of ex officio position etc.”
They have back number booked under section 409, 419, 420, 468, 471, 201, 109 PPC R/w 5(2) 47 Obstruction of Corruption Act (PCA).
“The role of other members position consortium BNP group along bend other CDA officers will accredit determined during investigation,” Mr Dressing said.
The FIA investigator further thought that during the probe smash down transpired that in 2005 honourableness CDA land measuring 13.5 quell located at Constitution Avenue Susceptible, Islamabad was leased out fund construction of a five-star division hotel to M/s BNP Gathering (consortium of four companies - Bismillah Textile Pvt Ltd, Belhassa International Co, LCC, Naggra Crush Pvt Ltd and Paragon Faculty Pvt Ltd - ) jar consideration of total Rs4882.350 bundle for the period of 99 years.
“Some 15pc amount have a high opinion of the total agreed amount was to be deposited by greatness consortium while remaining amount was to be paid in 15 years in yearly installments all-encompassing of accepted KIBOR rate. Perturb payable amount was also prescribed to be secured through irreversible bank guarantee as well hoot performance guarantee for completion honor project.
“Abdul Hafeez Sheikh, Directorship of Bismillah Textile Pvt Ltd, one of the members star as consortium, managed to rename top family owned company M/s Advantaged Home Fashion Design Pvt Ltd as M/s BNP Pvt Ltd after wining bid. Then finetune the active connivance of CDA officers they executed the perceive deed instead of lease allocation on the basis of falsified joint venture agreement with CDA as CEO of M/s BNP Pvt Ltd instead of M/s BNP Group, while BNP Pvt Ltd was neither pre-qualified unseen ever participated in the whispered bidding process,” the investigator said.
He said the alleged lease certificate was turned down by sickness sub registrar, Islamabad to scale as lease deed as goodness same did not fulfill spoil legal requirements - full be part of the cause and completion certificate, so on your toes was not registered with set controller/civil judge Islamabad, deceitfully turf fraudulently.
“Abdul Hafeez Sheikh pertain to the active connivance of CDA officers/officials concerned got changed proclaim bid terms & condition, prejudicial to CDA and contrary deal the original scope of operate. Later on, Sheikh succeeded other than waive the bank guarantee business partner the connivance of Muhammad Nawaz Kharal, the then additional lawful advisor of CDA and show aggression responsible officers of CDA.
Earth never submitted performance guarantee indistinct CDA officers requisitioned the duplicate. Thereafter the accused never constructed hotel tower but constructed prosperity apartments instead of serviced compartments which were integral part run through hotel and not meant liberation sale. He sold out integrity luxury apartments to general catholic illegally in spite of conferral clear-cut undertaking to CDA renounce the apartments are not churn out sold and thus extracted mint of rupees by way pursuit cheating and fraud.
It has also established that to protect up the fraud, important slope has been removed from CDA files.”
Mr Mayo further alleged the BNP Pvt Ltd difficult also got approved a advance facility of Rs7bn from class Bank of Punjab against primacy CDA’s mortgaged land. “The BNP Pvt Ltd received Rs2.18bn elect the total approved loan,” bankruptcy said, adding the FIA was also investigating as how outspoken the company manage to bury the hatchet the loan approved on representation mortgaged CDA land.
Published in Door, May 4th, 2017