Karachi Evacuee Trust Property Worth Rs. 2 Billion Reclaimed by FIA
Notably, the Federal Investigation Agency (FIA) Anti-Corruption Circle Karachi has reclaimed Evacuee Trust property worth Rs.
Notably, the Federal Investigation Agency (FIA) Anti-Corruption Circle Karachi has reclaimed Evacuee Trust property worth Rs.
Article outline
- What happened
- Official response
- The key numbers
- The bottom line
Key points
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- During the operation, FIA authorities sealed 160 shops and seven warehouses located on Evacuee Trust Property No.
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- The FIA remarked operations to safeguard administration and Evacuee Trust properties are continuing in Karachi.
- The spokesperson remarked the operation was conducted to clear illegal occupation of Evacuee Trust property and protect administration assets.
During the operation, FIA authorities sealed 160 shops and seven warehouses located on Evacuee Trust Property No. LR-2/1/2. The property was subsequently handed over to the Evacuee Trust Property Board (ETPB).
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According to the FIA spokesperson, tenants occupying the property had accumulated outstanding dues of around Rs. 100 million.
For context, the spokesperson remarked the operation was conducted to clear illegal occupation of Evacuee Trust property and protect administration assets.
Meanwhile, the FIA remarked operations to safeguard administration and Evacuee Trust properties are continuing in Karachi.
In practice, the spokesperson continued that the agency and relevant authorities are taking action against illegal occupants as part of ongoing efforts to recover state-owned properties. Karachi Imposes New Restrictions on Hotels and Wedding Halls.
Previously, the FIA had additionally reclaimed Evacuee Trust property worth more than Rs. 60 million in Karachi's Jodia Bazaar. Stay Connected with ProPakistani. Obtain the latest news and stories wherever you prefer. Follow on Google Discover.
Taken together, the developments around karachi Evacuee Trust Property Worth Rs. 2 Billion Reclaimed by FIA point to a situation that is still moving, and the coming days should bring more clarity.
