CDA fetches over Rs37b from two-day auction thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.
Islamabad: The Capital Development Authority received offers to the tune of Rs20.35 billion for 13 commercial plots located in different business centres of the federal capital on first day of.
The BNP Group project, One Constitution Avenue, has been de-sealed after the developer deposited Rs1.7 billion with the Capital Development Authority. Photo by Mohammad Asim/File
ISLAMBAD: The BNP Group project, One Constitution Avenue, has been de-sealed after the developer deposited Rs1.7 billion with the Capital Development Authority (CDA) on account of first installment of Rs17.5 billion.
The CDA’s building control directorate de-sealed the building on Wednesday,
Dawn has learnt.
A letter issued by an official of Estate Management Wing of CDA on Wednesday stated: “With reference to orders of the Supreme Court and direction of the Public Accounts Committee (PAC) issued during the meeting held on Nov 18, I am directed to inform that M/S BNP has submitted Performance Bank Guarantee amounting to Rs1,689,314,167 on account of 1st installment.”
CDA official sacked, two demoted over corruption
National
December 28, 2020
Islamabad: The top management of the Capital Development Authority (CDA) has removed an officer and demoted two others while imposing a major penalty on them for making allotment of over 50 plots in sector D-13 without balloting. The action has been taken in light of the report of an inquiry committee and recommendations of the Member Estate as per Employees Services Regulations, 1992. As per the inquiry report, the penalized employees were found guilty of misconduct and corruption. Deputy Director Taimur Ahmed then serving in land directorate has been removed from service while Senior Assistant Malik Sajid Mahmood and other official Muhammad Latif have been demoted to a lower scale. The inquiry committee also recommended the removal of the then Director Land Fariduddin. However, he has taken a stay from the Islamabad High Court. The CDA spokesman said the people who were cheated were not at fault. He sa
CDA official sacked, 2 demoted over corruption
Islamabad
December 28, 2020
Islamabad: The top management of the Capital Development Authority (CDA) has removed an officer and demoted two others while imposing a major penalty on them for making allotment of over 50 plots in sector D-13 without balloting.
The action has been taken in light of the report of an inquiry committee and recommendations of the Member Estate as per Employees Services Regulations, 1992.
As per the inquiry report, the penalized employees were found guilty of misconduct and corruption.
Deputy Director Taimur Ahmed then serving in land directorate has been removed from service while Senior Assistant Malik Sajid Mahmood and other official Muhammad Latif have been demoted to a lower scale. The inquiry committee also recommended the removal of the then Director Land Fariduddin. However, he has taken a stay from the Islamabad High Court.