EOBI scam: SC orders freezing of DHA Rawalpindi and Islamabad accounts

Accounts to remain frozen till Rs22.24 billion are paid back.


Web Desk July 19, 2013
Accounts will remain seized till the money is not paid back by DHA. PHOTO: AFP/FILE

ISLAMABAD: The Supreme Court of Pakistan has ordered that the accounts held by Defence Housing Authority (DHA) Rawalpindi and Islamabad be frozen, reported Express News on Friday.  The order was given during the hearing of the Employees Old Age Benefit Institute (EOBI) scam case

The court further added that the accounts will remain frozen till the owed amount, Rs22.24 billion is not paid back.

The Supreme Court on Wednesday had ordered DHA to submit Rs22.24 billion that EOBI had paid to it in a shadowy deal to purchase 321 kanals of land.

Chief Justice Iftikhar Muhammad Chaudhry directed DHA’s advocate Ahmer Bilal Sufi to deposit the money with the court’s registrar office by July 19 or furnish the details of the DHA’s assets. “The assets can be attached if the money was not deposited,” he added.

Advocate Sufi tried to convince the bench that the land was worth purchasing, the deal would benefit the EOBI and its investment was secure.  He said that the developmental work on the land had been 70% to 80% done and was due to complete within 3 months. He further added that Rs 9 billion and Rs 11 billion had also been respectively provided to the DHA and Habib Rafique Group and Bahria Town for the developmental work.

“The DHA does not have such a huge equity right now to deposit with the SC’s registrar and some time may be given to the authority for explaining its position,” Sufi argued on Thursday.

 

Our Publications

COMMENTS (27)

Muhammad Siddiaque | 7 years ago | Reply

@Muhammad Iqbal: During the independence of Pakistan the population was about 400 trillion but the land of East Pakistan has separated by Gen Yahya Khan Government. Now our population is about 2200 trillion excluding of 100 trillion of Afghan refugees. We the need of agriculture was increasing day by day as compare with the population. The housing society in Pakistan is no more feasible and in future construction of houses will be multiple stories and to cope the requirement of new generation. In future trend of housing society is no more further requirement. Malik Riaz and DHA is totally crime against the new generation which will be removed in near future. All Pakistani are requested to please save your generation eating requirements. DHA prove himself as crime. This is not allowed by any Pakistani to ruin their future. Army worked under rule and regulation as framed in Constitution and they are not allowed to work as properties dealers.

Muhammad Iqbal | 7 years ago | Reply

please let me know the fate of dha valley and and dha commercial avenue

VIEW MORE COMMENTS
Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ