Staff Report
The Kashmir Corporate Housing Society’s senior office bearers have been accused of financial mismanagement, money laundering and corruption in the last few years. Some of these accused have been going through various FIA’s and Islamabad administration inquiries. However, the final reports of those investigations have yet to be submitted to the concerned quarters.
According to Islamabad-insider.com the funds generated from the various sources through the illegal means are allegedly being used by some of the PTI’s legal fraternity as well. We have seen some of the lawyers being really very active after the violent incident of May 9, providing legal assistance to the arrested PTI leadership and workers. After the resignation by hundreds of former PTI parliamentarians, national and provincial level leadership, a large number of lawyers were given senior party positions including the Central Executive Council CEC membership luring legal community to join a party which was under serious stress due to political blunders made by the top leadership.
The insider report says that the Sardar Sabeel, is a partner of Raja Khurram Nawaz former PTI MNA, his front man Raja Sudhir and Rana Fareed of Commerce Housing Society. The details reveal that the Former President Islamabad High Court Bar Association and PTI senior lawyer’s real brother Usaid, who happens to be the Finance Secretary of Jammu Kashmir Cooperative Housing Society (JKCHS), is partner of Sardar Sabeel, Secretary at the JKCHS.
The Real Estate business in the country is not free from the corruption and corrupt practices. Dozens of ghost housing societies were being registered or marketed to mislead the masses robbing billions. We have seen NAB and FIA investigating those mega scams for years and years, the problem with our investigating agencies had been that rule of law remained subservient to the personal benefits of the officers welcoming bribes (either in shape of money or land). This provided chance to the criminals to loot the public and government assets without any fear.
In this case unfortunately right under the nose of the ICT administration, the above-mentioned nexus has been working for years. During this time, we have seen changing of many political governments, the concerned departments failed to fulfill their lawful duties.
With reference to this particular case following inquires are pending before various forums, but due to deep links of the mafia and their ingress within bureaucracy, no meaningful progress has been made so far.
The report says that number of Inquiries of embezzlement has been pending before the Deputy Commissioner Islamabad including 800 million rupees by Rana Fareed and his nominated Managing Committee members at Commerce Society, proved with conclusive evidence. AC Sania of ICT district administration was nominated by DC Islamabad as investigation officer (IO) and tasked to conclude inquiry within 30 days but failed to make any progress even after three months. It is being informed that the Inquiry has been stopped due to pressure from Sabeel and other influential people.
There was another Rs. 12 Crore cash embezzlement from accounts of JKCHS ( Jammu and Kashmir Cooperative Housing Society ) . The deputy commissioner ICT suspended Managing Committee of the society on this charge but both the accused got immediate stay order relief from the Islamabad High Court. So naturally the inquiry also has been halted by DC at the moment.
The report says that during this whole process of investigation and lawful inquiries, the accused threatened Deputy Registrar Housing Societies in Islamabad that he will use judge of the Islamabad High Court to take Islamabad administration to task. An incident report to that end was lodged by the concerned officer. The copy of the complained was available with the media. Keeping in mind the administrative and governance system of our country, bureaucracy was and is compromised however using name of honorable judges or the higher judiciary was alarming. Already there were many question marks on the highest judiciary in the political and constitutional cases in the recent past.
The report says that some other inquiries were also pending before Federal Investigation Agency (FIA) too including following.
1. Inquiry number 80/RE pending before Commercial Banks Circle (CBC), FIA Islamabad Circle. Sabeel registered a company in his driver’s name, Sajid Hussain, and the company received around PKR 7 billion in the bank account as benami of Sabeel in past few years.
2. Inquiry number 105/20 is pending before Corporate Crime Circle (CCC), FIA Islamabad Circle. Massive corruption including China Cutting, money laundering along with substantial evidences is pending before CCC for years but still FIR is not registered against Sabeel & others due to corrupt elements within FIA. More than 240 commercial plots were created and billions were minted but no progress in the inquiry.
Moreover, Sardar Sabeel & Usaid in partnership with Raja Khurram Nawaz (PTI MNA) and Raja Sudhir concluded an agreement with Gulberg Greens Housing society to merge 5,000 Kanal land of JKCHS with Gulberg. Massive kickbacks and under table money is being generated to provide protection in bureaucracy and hamper investigations.
It is also reported that illegal funds generated from corruption were being used for the PTI legal battles.
