NAB starts digging into Ring Road scam 

By: News Desk      Published: 07:33 PM, 17 May, 2021
NAB starts digging into Ring Road scam 

The National Accountability Bureau (NAB)Monday started a probe into the Ring Road Attock Loop project.

According to 24NewsHD, NAB Chairman Javed Iqbal took notice of the scam and ordered his Rawalpindi office to launch the probe. He asked the investigation teams of NAB Rawalpindi to review all aspects.  

Punjab Fact-finding Committee report on the Ring Road scam has exposed ‘suspicious transactions of billions of rupees’ by changing the alignment of the way.

The body report was submitted to Punjab Chief Minister Usman Buzdar Friday who referred it to the NAB to dig into it so that criminals could be brought to book.

It added ‘transactions were made by real estate players during buying 11,000-Kanal land and there were held a total of 490 suspicious transactions and 17 illegal housing societies sold out files of properties against the new alignment of the Ring Road’.

The report suggested the Establishment Division should take disciplinary action against the ex-commissioner as his brother had a link to the Makka City project and he misused the authority to give the financial advantage of RS2 billion to him.

It laid stress on the proper probe against the Rental Syndicate and the role of Major General (R) Saleem Ishaq and Col (R) Asim Ibrahim Paracha to be informed concerning forces and authorities for action.