Rafique brothers' remand extended till Sept 4

Housing scheme was set up illegally, claims NAB

LAHORE : An accountability court on Tuesday granted a 15-day extension in the judicial remand of Khawaja Saad Rafique and his brother Khawaja Salman Rafique, who are being probed by the National Accountability Bureau (NAB) for their alleged role in the Paragon Housing scam.

The court also ordered NAB to provide clear copies of evidence in the next hearing of the Paragon case as the copies submitted today were not up to the court's standard.

Rafique brothers' remand extended till Jan 19

Case background

NAB claims that Saad, in connivance with his wife Ghazala Butt, brother Salman, Qaiser Amin Butt and Nadeem Zia, started a housing project named ‘Air Avenue’, which was later renamed ‘Paragon City Limited’.

The accountability watchdog maintains that the housing scheme was set up illegally and the Rafique brothers, in connivance with Nadeem Zia and Qaiser Amin Butt, defrauded a large number of buyers.

The bureau further claims that Saad got 40 kanals of land registered against his brother’s name, extended the project illegally, and benefitted by selling commercial plots amounting billions of rupees.