The Lahore Top Court docket disregarded on Tuesday the bail petitions of Khawaja Saad Rafique and Khawaja Salman Rafique within the Paragon Housing rip-off.
The 2 have been arrested on December 11. A reference has been filed towards them now.
The NAB attorney, however, argued that Khawaja brothers are the recommended homeowners of the Paragon Housing Scheme. The transactions carried underneath the scheme’s identify have been ultimately transferred to the accounts of the 2 brothers.
NAB claimed corporate used to be made first and its identify used to be later modified. The cash from it used to be transferred into the account of Paragon Housing Scheme. The volume used to be ultimately transferred into their accounts. The bureau claimed that the brothers have been even ready to get pricey land in go back for inexpensive land during the scheme.
Of their petitions, the brothers, who’re related to the PML-N, stated that they don’t seem to be related to the stated housing scheme in anyway. They stated that experience even submitted a sworn statement on it within the Perfect Court docket. NAB hasn’t been ready to turn out an oz. of corruption towards them, in keeping with their petition.
In line with NAB, Saad Rafique colluded along with his spouse, brother, Qaiser Amin Butt and Nadeem Zia to shape Paragon Housing Society. The Lahore Building Authority remarked that the housing undertaking used to be unapproved. The brothers are accused of misusing their authority and inflicting billions of rupees loss the nationwide exchequer.
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