National Accountability Court Lahore has handed over former Principal Secretary of Prime Minister Fawad Hassan Fawad to NAB authorities on a fourteen days physical remand.
It is pertinent to mention that ex Principal Secretary of former Prime Minister Fawad Hassan Fawad was arrested by NAB yesterday in Ashiana-i-Iqbal Housing Scheme scam and use of excessive powers of his office.
He allegedly pressurized Chief Executive Officer (CEO) Tahir Khursheed and Project Director Ali Moazzam of Punjab Land Development Company (PLDC) to cancel the contract with M/S Chaudhry Latif and sons and gave it to Casa Developers.
The government had to pay Rs5.9 million in damages due to alleged cancellation of the contract that further delayed the project.
He also constructed a plaza in Rawalpindi through illegal assets. Fawad neither presented any record before NAB nor was able to respond to their queries. Motorway Housing Scheme was illicitly approved at his behest.
He was also charged with relocation of Compressed Natural Gas stations and illegally serving in a bank.
According to NAB, Fawad was taken into custody on ample evidence gleaned from statements of co-accused testifying against him while he will be produced before accountability court on Friday.
Fawad Hassan Fawad served as the principal secretary to former Prime Minister Nawaz Sharif and is considered his close aide.
He was removed from the position on June 1, 2018 and appointed as director general of Civil Services Academy, Lahore.
It is worth mentioning that former director general Land Development Authority (LDA) Ahad Cheema is also accused in Ashiana Housing Scheme case. An Accountability court (AC) on Wednesday extended the judicial remand of Ahad Cheema and other five suspects in the Ashiana Housing Scheme scandal till July 13.