ISLAMABAD: The Supreme Court of Pakistan is taking up hearing of Bahria Town implementation case on October 18.
A three-member bench, led by Chief Justice Qazi Faiz Isa and including Justices Aminuddin Khan and Athar Minullah, will preside over the proceedings of the case.
The apex court has served notices to the attorney general, NAB chairman, and Sindh advocate general in this case.
As per the Supreme Court’s directive, Bahria Town was required to make a specific deposit. It also included a recovery of 190 million pounds from the UK.
The PTI chairman Imran Khan, Accountability Adviser Shahzad Akbar, and others are currently under investigation by NAB in connection with this matter.
As per the Supreme Court’s directive, the real estate giant was required to make a specific deposit, which also included a recovery of 190 million pounds from the UK. The PTI chairman, Shahzad Akbar, and others are currently under investigation by NAB in connection with this matter.
Back in 2019, the Supreme Court accepted offer of Rs 460 billion for the land it occupied in Karachi’s Malir district. The apex court ordered the NAB not to initiate references against the company.
Bahria Town Karachi was obligated to make this payment over a seven-year period. The top court also directed Bahria Town Karachi to submit Rs 25 billion by August 2019. The court also allowed subsequent monthly installments of Rs 2.25 billion for the following three years.
Failure to remit two consecutive installments would result in Bahria Town Karachi being categorized as a defaulter.
