Lahore: PML(N) leader Khawaja Saad Rafique and his brother Khawaja Salman Rafique released from jail in Paragon housing corruption reference.
Khawaja brothers have been released from jail after Supreme Court of Pakistan granted bail in Paragon Housing scam. The bail was granted against two surety bonds of Rs3 million each.
The surety bonds for bail were submitted to accountability court II under Accountability Judge Jawad-Ul- Hassan.
Three-member bench of the apex court, comprising Justice Maqbool Baqir, Justice Mansoor Ali Shah and Justice Muneeb Akhtar heard the bail plea of Khawaja brothers.
Earlier, Khawaja Saad Rafique and his brother Khawaja Salman Rafique had been arrested by NAB in December 2018 after the Lahore High Court (LHC) rejected their request for an extension in their pre-arrest bail.
As per the statement issued by NAB, “Accused Saad Rafique along with his benamidaar wife Ghazala Saad Rafique, brother Salman Rafique in association with Qaiser Amin Butt and Nadeem Zia established a housing project in the name of Air Avenue which was converted into a new housing project namely M/S Paragon City Pvt Limited. Record shows that M/S Paragon City is an illegal society.”
“Accused has been and is continuously obtaining illegal/ illegitimate funds/ benefits from said project as he obtained 40 kanal plots in his own name and the name of his brother Salman Rafique,” the statement added.