Islamabad May 11 (TNS): The historic decision of Supreme Court against the Builders tycoon Malik Riaz’s Bahria Town in its scam in acquiring the land for its housing project in Karachi has dugout new Pandora-box on Social media.
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The decision which could not get privilege in mainstream media has triggered a debate on social media. People on social media believe that the decision has put billions of investment of overseas Pakistani who have invested in the project in danger. People believe that the Bahria town has again successfully vanished the news against them on media by its heavily invested ads, same like the Stage incident case in Bahria town Islamabad during a party. The incident took place on April 28, 2017, in which according to Police 134 people were injured in the incident whereas Islamabad administration had stated that only 92 persons were injured. That news was not reported for two days on media.
It was the first time that a court has given its verdict against any business tycoon.
In the historic judgment on May 4, the Supreme Court had null and voided the procurement of 11000-acre land for its housing projects by Bahria town from Malir developing Authority in Karachi.
Hearing a petition against selling government land to Bahria town in Karachi registry, the court has disposed of the agreement and ordered to return the land. The court requested Chief justice to constitute an implementation bench in this regard.
The court had barred Bahria town from further sales of plots declaring that the allotment of land to the company by the Sindh government and the Malir Development Authority (MDA) was done illegally
The court had sought an investigation in three months and ordered to file references against the culprits behind the illegally transferring and allotting the land.
While the Court had remarked that the land was allotted to the MDA for development of a housing society an MDA had not any authority to sell it out.
“Bahria town has not only acquired the land at cheaper rates but the land given in exchange was also less valued”, the court had remarked.
