Rs2.3b mega corruption case in RDA
RAWALPINDI
Judge Ejaz Ali of Accountability Court Rawalpindi No 1 has dismissed bail after arrest plea of co-accused and brother of deputy director Finance nominated in mega corruption case of 2.3 billion rupees in Rawalpindi Development Authority (RDA).
The court maintained that as evidence of financial irregularities are available against the accused Muhammad Jamal under anti money laundering act-2010, therefore, the accused does not deserve for any relief.
The court has maintained in its written decision that as per NAB investigation Rs 1940 million were shifted in the name of front man through illegal and bogus call deposit receipts and fake transactions from National Bank Rawalpindi city branch of RDA . This way money laundering was made of Rs 397.279 million and this amount was shifted to personal company in the name of ADDED through money laundering.
This fact also came to light that the accused constructed luxury home in private housing society, purchased agriculture land in Gujar Khan and Sohawa, Toyota No AJ-313 and built assets. This act on the part of the accused is offence under anti money laundering act, therefore, the bail plea of the accused is dismissed.
It was said in bail after arrest plea he has been involved in the case falsely and without any evidence. He is in jail since five months and NAB has not brought to light any solid evidence against him,
It may be mentioned the prime accused in this case deputy director Finance of RDA Muhammad Junaid Taj has already passed away. Over 200 accused including RDA officers were nominated in this case.
