Lahore : An Accountability Court on Monday granted 15-day Physical Remand of Paragon City Director Qaiser Amin Butt to the National Accountability Bureau (NAB), Lahore in Paragon Housing Society scam.
The accused has been facing the charges of involvement in the commission of offence of corruption and corrupt practices in alleged connivance with co-accused Nadeem Zia and others in Paragon City (Pvt) Limited.
During the hearing, the NAB’s Prosecutor requested the Accountability Court to grant a 15-day physical remand of the accused which granted the court .
Qaisar Amin Butt was arrested on November 14, 2018 on the charges of launching an illegal housing scheme known as “Paragon City (Pvt) Ltd in alleged connivance with Nadeem Zia and others during the year 2005 on the basis of forged and fabricated documents along with alleged approvals from TMA Aziz Bhatti Town, Lahore.
Around 89 affectees approached NAB Lahore for redressal of their financial losses caused by accused ones.