An anti-corruption court on Friday granted post arrest bail to former chief engineer of the Lahore Development Authority Israr Saeed in a case of alleged misappropriation in LDA-City Housing Scheme.
The Anti-Corruption Establishment had arrested him a couple of days ago in a case registered on the complaint of LDA. Israr is also co-accused of former director general of LDA Ahad Khan Cheema in a reference of the National Accountability Bureau (NAB) on corruption in Ashiana-e-Iqbal Housing Scheme. The Lahore High Court had granted him bail in that case after he became approver during the investigation. Israr had taken a plea that he was dragged in the case only for complying with official direction of Cheema, being LDA DG. The NAB alleged that Israr Saeed was also involved in processing and awarding contract of the low cost housing scheme worth Rs 14 billion to Lahore CASA Developers, a joint venture firm which was ineligible for the same. It said Bismillah Engineering Services is a major shareholder of JV titled Lahore CASA Developers was a proxy firm working on behalf of Paragon City (Pvt) Ltd.
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