LAHORE: An accountability court has extended the judicial remand of former railways minister Khwaja Saad Rafiq for 14 days in the Paragon Housing case.
The accountability court judge Jawad-ul-Hassan heard the case. The officials of the National Accountability Bureau (NAB) presented Saad Rafique along with his brother Salman to the court as their judicial remand ended today.
During the proceedings, the court extended the judicial remand of Khawaja brothers till 13th November.
The accountability court also directed the authorities to present the accused in the next hearing.
In the previous hearing, the accountability court rejected the release pleas of Khwaja brothers in a Paragon housing scam.
Earlier in April, the NAB Lahore approved the filing of a reference against the Khawaja brothers and Nadeem Zia for the alleged corruption in the same case.
The decision was taken in a regional board meeting that was attended by NAB Lahore’s director-general and other directors.
According to details, Khawaja’s brothers signed an agreement with Paragon City regarding the sale of land worth over Rs393 million. On 17th April, the involvement of Khawaja Saad Rafique and his brother Khawaja Salman in the Paragon City was exposed.
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The decision was taken in a regional board meeting that was attended by NAB Lahore’s director-general and other directors.
According to the handout, Qaiser Amin Butt, the director of Paragon Housing Society, was also included in the inquiry initiated by the NAB, and he was also arrested in November last year. Later, he agreed to turn approver against the Khawaja brothers and Zia.
Also read: Court extends Khawaja brothers’ judicial remand till 16 Oct
Butt and Zia established a company ‘Air Avenue’ in the year 2003; however, the name was later changed to Paragon City private (Pvt) Limited.
Later, the NAB launched an investigation into the alleged fraud and corruption in the Paragon Housing Society when the case related to the Asiana scheme was being probed.
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