LAHORE: The Lahore High Court (LHC) on Tuesday rejected the bail petitions of incarcerated Pakistan Muslim League-Nawaz (PML-N) leaders, Khawaja Saad Rafique and his brother Khawaja Salman Rafique. “NAB first rejected Qaiser’s statement and later recorded his statement of its choice”, Khawaja brothers’ counsel alleged. According to NAB, Khawaja Saad Rafique in collaboration with his wife Ghazala Saad Rafique Butt, brother Salman Rafique, Qaiser Amin Butt and Nadeem Zia had launched a housing project named Air Avenue, which was later renamed to Paragon City (Pvt) Ltd. Saad Rafique acquired 40 kanals of land in his and his brother’s name, which he used to extend the project illegally and sold commercial plots worth billions of rupees. Khawaja brothers are accused of wrongfully gaining nigh Rs18.2 million from M/s Paragon City (pvt) Limited in their bank accounts.

Source: Pakistan Today June 18, 2019 10:25 UTC