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ISLAMABAD: The accountability court hearing multi-billion rupees fake bank accounts case on Friday recorded the statements of two prosecution witnesses in Pink Residency reference against Omni Group's Abdul Ghani Majeed, Khwaja Anwar Majeed, and others. Zainul Abideen, officer of revenue department of Sindh, and a witness Asif Sarki have recorded their statements before the accountability court judge, Muhammad Azam Khan, in Pink Residency case.

The reference pertains to a project, "Pink Residency" in Karachi's Gulistan-e-Jauhar area. The accused had been allegedly involved in illegal regularisation of two plots in Gulistan-e-Jauhar. One of the plots measured 23 acres of land, while the other was of seven acres.

The anti-graft body has alleged that financial transactions related to the illegally-regularised plots were conducted through fake bank accounts. The NAB estimates that the illegal land regularisation and consequent sale caused a loss of Rs4 billion to the national exchequer.

The defence counsel completed cross examination of prosecution witness, Zainul Abideen. Another witness, Asif Sarki, while recording his statement, produced original documents before the court and the court made those documents parts of the court record.

The court after recording statement of the prosecution witnesses adjourned hearing of the case till November 2. The same court on October 8 indicted Abdul Ghani Majeed, Khawaja Anwar Majeed, Aftab Memon, Abdul Jabbar Memon, Muhammad Shabbir, and other accused in the same case.

Copyright Business Recorder, 2020