LAHORE: Former chief executive officer of Faisalabad Industrial Estate Development and Management Company (FIEDMC) Rana Yousuf and Secretary Special Economic Zone Committee Maqsood Ahmed have been arrested by the Anti-Corruption Establishment in a case of illegal allotment of an industrial plot to Farhat Shahzadi alias Farah Gogi, a close friend of PTI chief Imran Khan’s wife Bushra Bibi.
According to the media reports, the two officials were accused of illegally allotting the plot to Farah Gogi and her mother’s company Al-Mu’az Dairy.
The 10-acre plot situated in the Faisalabad Special Economic Zone was allotted to Farah Gogi for only Rs 83 million and its actual worth was Rs 600 million.
The value of the company should have been Rs 2 billion to acquire the plot. Farah Gogi’s husband Ahsan Jamil Gujjar gave a fake guarantee of Rs 2 billion in this regard.
The ACE is investigating the assets of Farah Gogi and Ahsan Jamil Gujjar, the sources said, adding that a case was registered in Faisalabad and the accused were arrested.
A three-member ACE team was investigating the case.
According to the first information report (FIR), a probe was initiated into the allegations of illegal allotment of plots to M/s AI-Muez Dairy & Foods (Pvt) Limited with the connivance of officer/officials of FIEDMC. The inquiry team comprised ACE director vigilance, deputy director (vigilance) and inspector/HQ.
It further stated that during the inquiry proceedings, the ACE team found illegalities committed by FIEDMC former CEO Rana Muhammad Yousaf, SEZ committee secretary Maqsood Ahmed and others.
The probe report said Farhat Shahzadi and her mother Bushra Khan established a company registered with the Security & Exchange Commission of Pakistan (SECP) with the name of ‘AI-Muez Dairy & Foods (Private) Limited’ on Nov 26, 2020. The company submitted its first manual application through its director Farhat Shahzadi to the FIEDMC acting CEO on Nov 30, 2020 for allotment of a plot measuring 10.5 acres in M3 Faisalabad Industrial Zone. The acknowledgment of the application was issued by the FIEDMC on Dec 9, 2020 to AI-Muez Dairy & Foods (Private) Limited after which the company was asked to provide documents to process the allotment, including construction schedule, utility services (electricity, gas, etc) and business plan/feasibility of the project.