Paragon Housing Scam: LHC Approves Bail Of Qaisar Amin Butt

The LHC ordered to release him against surety bonds of Rs 1 million.

Lahore (UrduPoint / Pakistan Point News – 23rd January, 2018) The Lahore High Court (LHC) has accepted the bail of Qaisar Amin Butt in the Paragon Housing scheme case.

According to details, the LHC ordered to release him against surety bonds of Rs 1 million.

The accused was arrested on November 14, on the charges of launching an illegal housing scheme known as Paragon City (Pvt) Ltd in connivance with Nadeem Zia and others during the year 2005 on the basis of forged and fabricated documents in alleged connivance of the TMA Aziz Bhatti Town, Lahore officials.

The accused has been facing charges of involvement in the commission of offences of corruption and corrupt practices in alleged connivance with co-accused Nadeem Zia and others in Paragon City (Pvt) Limited.

Qaisar Amin Butt, a director of Paragon Housing Society, was in the custody of National Accountability Bureau (NAB) and was later sent on judicial remand.

Moreover, the LHC had on Jan 19 extended the interim bail of PML-N leaders Khawaja Saad Rafique and his brother Khawaja Salman Rafique till January 26.

Khawaja Salman Rafique was involved in Paragon City scam only whereas Khawaja Saad Rafique was not only involved in Paragon scam but Railway and Ashiana scams as well, as per NAB report submitted in the court earlier.

The NAB had issued arrest warrants of both brothers in Paragon scam.