Bahria Town challenges in SC IHC verdict in properties auction case

Bahria Town on Wednesday moved the Supreme Court (SC) against the Islamabad High Court’s (IHC) verdict in which it had ruled that the auction of the housing society properties by the National Accountability Bureau (NAB) was legal and in public interest, reported 24NewsHD TV channel. 

In an appeal filed in the apex court on behalf of Bahria Town, a renowned lawyer, Farooq H. Naek, prayed to the court to order the stoppage of an auction of properties until the appeal was decided.  

In a significant legal development for Malik Riaz of Bahria Town, the Islamabad High Court (IHC) on Tuesday rejected all four petitions filed by Bahria Town, seeking a halt to the auction of properties. 

Sources informed that the NAB would auction properties in Bahria Town on August 7. 

They disclosed that two corporate offices in Phase II of Bahria Town were included in the list of properties to be auctioned. 

Similarly, they informed that Rubaish Marquee and lawn in Bahria Garden City, Arena Cinema in Phase IV and the building of Bahria International School in Safari Villas were among the properties to be auctioned.

Likewise, Safari Club situated in Plot number 27 would also be auctioned, sources told. 

A two-member bench of the IHC, headed by the chief justice, had reserved the verdict on the petitions on Monday.

Eminent lawyer Farooq H. Naek represented Bahria Town, while Muhammad Rafay Maqsood represented the NAB.

Reporter: Amanat Gishkori