BR100 Increased By (1.02%)
BR30 Increased By (1.71%)
KSE100 Increased By (0.58%)
KSE30 Increased By (0.65%)
BECO 6.03 Increased By ▲ 0.26 (4.51%)
BML 52.61 Decreased By ▼ -0.39 (-0.74%)
BOP 34.23 Increased By ▲ 0.24 (0.71%)
CNERGY 8.16 Increased By ▲ 0.05 (0.62%)
DCL 12.23 Increased By ▲ 0.03 (0.25%)
FCCL 53.80 Increased By ▲ 0.97 (1.84%)
FCSC 5.24 Increased By ▲ 0.17 (3.35%)
FFL 18.03 Increased By ▲ 0.08 (0.45%)
FNEL 1.30 Increased By ▲ 0.01 (0.78%)
HUMNL 11.00 Increased By ▲ 0.12 (1.1%)
KEL 8.07 Increased By ▲ 0.05 (0.62%)
KOSM 5.39 Decreased By ▼ -0.13 (-2.36%)
MLCF 87.90 Increased By ▲ 1.39 (1.61%)
NBP 186.60 Increased By ▲ 1.44 (0.78%)
PACE 10.75 Increased By ▲ 0.17 (1.61%)
PAEL 39.95 Increased By ▲ 0.53 (1.34%)
PIAHCLA 26.19 Decreased By ▼ -0.03 (-0.11%)
PIBTL 17.32 Increased By ▲ 0.65 (3.9%)
PPL 233.49 Increased By ▲ 5.31 (2.33%)
PRL 34.98 Increased By ▲ 0.30 (0.87%)
PTC 67.71 Increased By ▲ 2.38 (3.64%)
SEARL 90.90 Increased By ▲ 0.77 (0.85%)
SSGC 27.20 Increased By ▲ 0.60 (2.26%)
TELE 8.57 Increased By ▲ 0.29 (3.5%)
THCCL 60.85 Increased By ▲ 2.35 (4.02%)
TPLP 8.78 Increased By ▲ 0.56 (6.81%)
TREET 24.65 Increased By ▲ 0.12 (0.49%)
TRG 71.50 Increased By ▲ 1.79 (2.57%)
WAVES 10.01 Increased By ▲ 0.07 (0.7%)
WTL 1.27 Decreased By ▼ -0.01 (-0.78%)

ISLAMABAD: The Accountability Court hearing multi-billion-rupee fake bank accounts case, on Friday, granted bail to the former director general Parks and Horticulture, Karachi, Liaqat Ali Khan Qaimkhani, in Bahria Icon Tower corruption reference against property tycoon Malik Riaz and others.

Accountability Court-I judge, Muhammad Basir, while announcing its reserved judgement granted bail to Qaimkhani against surety bonds worth Rs1,000,000. The National Accountability Bureau (NAB) had filed the reference against Malik Riaz and others on illegal allotment of land of Bagh Ibn-e-Qasim to Galaxy Construction (Pvt) Ltd (Bahria Icon Tower).

The other accused also include Manzoor Qadir Kaka, former chief controller of building and Ahmad Ali Riaz, former director and chief executive officer (CEO) of Bahria Town, Yousaf Baloch, former senator, Dinshaw H Anklesaria, director Galaxy Construction (Pvt) Ltd, Zain Malik, director Galaxy Construction (Pvt) Ltd, Waqas Riffat, director Galaxy Construction (Pvt) Ltd, Liaqat Ali Qaim Khani, former director general (DG) Parks and Horticulture KMC, Gulam Arif, senior director estate KMC, Khawaja Shafiqu Ahmed, former special secretary housing, and Abdul Subhan Memon, former secretary land utilization

Copyright Business Recorder, 2022

Comments

Comments are closed for this article.