T&T Housing Society scam

[Lahore_Real_Estate]

Executive body member sent to jail on judicial remand

* Ex-president admits that society funds were invested in a company, seeks time to return money

ISLAMABAD: The case regarding Rs 405 million corruption by former managing committee of the T&T Employees Cooperative Housing Society (T&TECHS) in Sector F-17 of the federal capital has taken a new turn, as one of the member of executive body was sent to Adyala Jail on judicial remand three days ago while others have decided to defend themselves in the court of special central judge Rawalpindi on April 12.

T&TECHS former president Chaudhry Masood Ahmed, who has obtained bail before arrest, during investigation confessed that he and vice president Malik Jamil had invested the society's money in a company TSS. He has assured that they would pay back the said amount. Masood has also submitted a letter to district administration stating that he and other members of the committee needed some time to withdraw the invested amount. A copy of this letter has also been given to police.

Islamabad Capital Territory (ICT) Circle Registrar had sent a letter No 603/CR/ICT/B dated 12th March 2011 and informed SSP Tahir Alam Khan that Shahzad Malik and Co, an audit firm of Rawalpindi, did the audit of the society from 2004 to 2009. Besides Industrial Area Assistant Commissioner Asim Ayub also conducted an inquiry, which found that T&TECHS former president Chaudhry Masood Ahmed and other members of the managing committee, TSS Private Limited and Green Acers did a corruption of Rs 40,59,64,831. It was requested that FIR should be registered against Ahmed, Director Operations TSS and MS Green Acres Basit Masood, T&TECHS vice president Muhammad Jamil Malik, former treasure Kamran Jamil, Manager Marketing Fahim Jamil, Manager Marketing Yasir Hussain, Land Supplier Haji Ghulam Hussain and other members of the ex-committee including Irshad Ahmed, Muhammad Aadil, Syed Nabi ul Hasan Baqri, Muhammad Irfan, NK Khalid, Muhammad Jamil, Muhammad Feroz Alam and others. The letter further stated that these persons not only did the corruption of money, they also used fake letters and they obliged their relatives by appointing them on important seats in the society. It was further stated that Islamabad Deputy Commissioner had granted approval for registration of FIR against the ex-Managing Committee of T&TECHS and other persons, shop 9&10 Block 20-B, Trade Center, Back Side of Standard Chartered Bank, F-7 Markaz, Islamabad. It was requested that Kohsar police station SHO may kindly be directed for registration of the FIR.

In view of that letter FIR vide No 117 was registered with Kohsar Police Station under section 406 and investigation was handed over to Sub Inspector Iftikhar Chattha. A letter was also sent to Ministry of Interior to include names of former members of managing committee in Exit Control List (ECL).

Police arrested Feroz, one of the former members of managing committee and he was sent to Adyala Jail on judicial remand. However, remaining members of the body have gotten bail before arrest. The next hearing of case has been fixed on April 12 in the court of Special Central Judge Rawalpindi Justice Sohail Nasir.