At the plot auction in Islamabad, irregularities costing billions were discovered.
The audit study reveals that there was a lack of openness in the auction process, costing the national exchequer Rs. 37 billion 82 crore.
A total of Rs. 37 billion 82 crore was paid for the 23 commercial plots that the Capital Development Authority (CDA) put up for auction. On the other hand, the auction for one plot was stopped because of legal issues, and the auction for five plots was delayed since no bids were received.
According to the audit report, there were five postponed plots, no market trend analysis for land prices, and no backup records of plot pricing and auction proceedings.
Furthermore, there was no bank verification of bidder pay orders, and no deposit of bidder pay orders was made, which increased the risk of fraudulent pay orders. Inconsistencies totaling billions of rupees were caused by the CDA’s lax financial management.
An probe and responsibility for individuals involved have been demanded by the audit authorities. To the accusations, the CDA has not replied.
An earlier examination of 14 government employees by the Anti-Corruption Circle found assets well in excess of their claimed income.
Following the investigation, property registered in the names of these government officials and their family was seized.
Charges under the Anti-Money Laundering Act were filed against the accused officers in the cases that were sent to the Anti-Money Laundering Cell.
Ahmar Ali Qureshi, Parvez Akhtar, Firast Ali, Safdar Mahmood, ETO Hilal Ahmed, and former Member State CDA Afnan Alam are among the accused. Furthermore, anti-corruption charges are being brought against Kaleem Akhtar and Mohammad Iftikhar.
It was claimed that the defendants had sold government land, assigned numbers to non-custom cars, and broken development plans.