Karachi (November 2, 2017): The National Accountability Bureau (NAB) conducted a raid at the Karachi Development Authority (KDA) office in Civic Centre on Thursday and arrested Director Syed Obaid Ahmed and seized crucial records.
Syed Obaid Ahmed was arrested on leads gathered by the investigating team after interrogations by Abbas, who is already in NAB’s custody. He was involved in approving amenity plots for illegal use.
As per details, Obaid will soon be produced before an accountability court for physical remand.
Earlier, Karachi Development Authority (KDA) sustained a loss of Rs1 billion due to illegal plotting in the city.
Corruption worth millions unearthed in KDA after illegal plotting of land that sustained a loss of Rs1 billion. KDA Director General Syed Nasir Abbas ordered to cancel allotment of illegal plotting in Karachi.
It is pertinent to mention here that all illegal plots were allotted by Director Buchat Bazar Muhamamd Ubaid.