Asif Hashmi, who is close associate of Former President Asif Zardari was found out to be partner of Kamran Kiyani and Hammad Arshad, while Asif Hashmi invested more than 980 million rupees in Elysium Holding and Highland Living Concept companies.
According to the documents received by AbbTakk News, PPP leader Asif Hashmi handed over 980.6 million rupees to Elysium Holding and Highland Living Concept companies, in return Asif Hashmi acquired 50 plots files in DHA Islamabad. The agreement between Evacuee Trust Property Board, Elysium and Highland was finalized on July 10, 2008, under which investment to be made in DHA Islamabad. The Evacuee Trust Property Board handed over the funds of 980.60 million rupees to Highland Living, which handed over 600.80 million rupees to Kamran Kiyani’s company Elysium. Hammad Arshad has also admitted in Accountability Court of Lahore that the amount in Lahore City fraud case has been submitted to Supreme Court after suo moto notice was taken.
Asif Hashmi’s invested funds was violation of Evacuee Trust Property Board Act 1975. Elysium Directors included Kamran Kiyani, Waseem Aslam and Ambreen Naz under Securities and Exchange Commission of Pakistan’s record. Kamran Kiyani and Hammad Arshad were charged in DHA corruption scandal.
Asif Hashmi was Chairman of The Evacuee Trust Property Board during PPP regime, who is being trialed in irregularities cases in Evacuee Trust Property Board. Asif Hashmi had been living abroad since March 17, 2013. Asif Hashmi has also approached Lahore High Court to omit his name from ECL after suspending his red warrant followed by his Passport expired.
