Islamabad: Pakistan Federal Minister for Law and Justice Zahid Hamid says PKR 15.46 billion has been recovered from Globaco CEO Hammad Arshad, according to a news source. He was briefing the Senate on the DHA City scandal.
According to details, Hamid told the Senate that a layout plan and related NOCs for DHA City were never properly sorted out for the project, and that’s despite the fact that it was launched back in 2010. He further said that Hammad Arshad – the main culprit in the DHA-City case – has been arrested along with Murad Arshad and Khalid Nazeer. According to Hamid, the National Accountability Bureau (NAB) has not only retrieved PKR 15.46 billion from the accused, but also confiscated their property.
Samra Zulfiqar, a real estate analyst at Zameen.com, is passionate about finding projects that offer buyers the best returns. Her keen insights spotlight the market’s most promising opportunities.
