NAB orders sequestration of Ahad Cheema’s assets

NAB’s Lahore branch directed  the assets of former director-general of the Lahore Development Authority(LDA), Ahad Khan Cheema, to be confiscated. He is being investigated in the Ashiana Housing Scandal and assets beyond means cases.

Lahore:National accountbilty burue (NAB) has sent letters to various officials, including the deputy commissioner of Lahore, to immediately seize his 100 kanals of land, flats and bank accounts.NAB has traced 22 properties, of which 20 are in Cheema’s name. Two are registered in the names of his relatives. NAB says his assets are currently valued at over Rs1 billion.

NAB arrested Ahad Cheema in the Ashiana Housing case . However, during the investigation, it was revealed that Cheema owned properties worth millions. He was allegedly given 32 kanals of land as ‘illegal gratification’ from the owners Paragon City. NAB said that Ahad Cheema failed to submit any plausible explanation for the land.

NAB filed a reference against Cheema in the Ashiana Housing case. NAB had arrested Cheema on charges of embezzlement in Ashiana Housing Scheme, misuse of his authority and the illegal award of the Ashiana-e-Iqbal project contract worth Rs14 billion to Lahore CASA Developers, which was ineligible.

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