NAB KARACHI APPROVED REFERENCE AGAINST IQBAL CHANNA, ADMINISTRATOR, INCOME TAX EMPLOYEES COOPERATIVE HOUSING SOCIETY, KARACHI AND OFFICERS / OFFICIALS OF COOPERATION DEPARTMENT GOVT OF SINDH & OTHERS.
Karachi, 01 July 2019: NAB Karachi approved a Reference in its Regional Board Meeting (RBM) held under chairmanship of DG NAB Karachi against Iqbal Channa, Administrator, Income Tax Employees Cooperative Housing Society, Karachi, officers / officials of Cooperation Department Govt. of Sindh & others.
it is alleged that during the tenure of accused Iqbal Channa Administrator of society inconivence with others has illegally fabricated and sold the plots curved out of amenity plots reserved in Lay Out Plan
During the inquiry / investigation it has surfaced that no stakeholder is in possession of the original record of allotments and bank accounts
The record of Project Management Unit, BoR till 2014,reveals that there was not a single construction in the society and all the construction on fake plot have been carried out during the tenure of accused administrator and thus cheated public at large and have caused loss amounting to Rs.150 million approximately.