The Sindh cabinet wants the payments made by Bahria Town to be released so that the government could use that money for water projects in the province.
It gave instructions to the provincial advocate-general to file an application in the apex court asking for a release of the payments gathered so far by Bahria Town.
The cabinet took up yesterday the matter of the payments deposited by Bahria Town in court against 16,000 acres of land in Karachi.
Bahria Town has been making regular payments in an account that is set up in the apex court for acquiring 16,896 acres of land illegally off the Superhighway Karachi.
The real state development firm had agreed to pay Rs.460 billion. As per the deal, it had to deposit Rs.25 billion in the SC on the 27th of August 2019 and Rs.2.5 million as monthly instalments from the month of September.
This is how, the company have deposited nearly Rs.35 billion in the Supreme Court count so far, as informed by the cabinet members.
The advocate general of Sindh was told to get an update on the payments from Supreme Court and request them for a release of the payments so that the government could make use of it for the water projects, as per the government-released statement on the cabinet meeting.
Murad Ali Shah—the CM-Sindh chaired the cabinet meeting. Many more important decisions were finalized, including the verdict of keeping a fixed price for sugarcane and to lift the ban on the student unions.
The meeting was attended by the provincial ministers, Mumtaz Shah—the Chief Secretary, advisers and other concerned officials.