Ex-Finance Minister Declared Mastermind of One Constitution Avenue Scandal
While naming a number of former Capital Development Authority (CDA) office-holders for their alleged involvement in the case, a joint investigation team (JIT) has identified former finance minister Abdul Hafeez Shaikh as the alleged mastermind behind the One Constitution Avenue…
While naming a number of former Capital Development Authority (CDA) office-holders for their alleged involvement in the case, a joint investigation team (JIT) has identified former finance minister Abdul Hafeez Shaikh as the alleged mastermind behind the One Constitution Avenue scandal in Islamabad.
Article outline
- What happened
- The key numbers
- The details
- The bottom line
Key points
- According to the investigation report, Shaikh worked in coordination with CDA authorities, including former chairman Kamran Lashari, Faisal Awan and Azhar Ali Chaudhry.
- Federal Minister Ahsan Iqbal confirmed the JIT's findings during a press conference, saying the administration would not provide protection to anyone involved in the scandal.
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- The JIT discovered that the project caused financial losses to the national exchequer while allowing individuals and their associates to gain undue benefits.
- He remarked the administration would additionally arrange a transparent re-auction of the project.
According to the investigation report, Shaikh worked in coordination with CDA authorities, including former chairman Kamran Lashari, Faisal Awan and Azhar Ali Chaudhry. CDA Appoints 3 Retired Brigadiers on Key Posts.
In practice, the JIT discovered that the project caused financial losses to the national exchequer while allowing individuals and their associates to gain undue benefits.
It has recommended blacklisting Shaikh from participating in administration projects and has called on the National Accountability Bureau (NAB) to accelerate its investigation and file a reference within three months.
He remarked the administration would additionally arrange a transparent re-auction of the project. The JIT has recommended investigating the case further and taking action against those responsible. Stay Connected with ProPakistani.
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In short, ex-Finance Minister Declared Mastermind of One Constitution Avenue Scandal is the central thread here, and readers can expect follow-up reporting as the picture becomes clearer.
