SC Forms Commission to Look After Bahria Town Funds – RS News

SC Forms Commission to Look After Bahria Town Funds

bahria town funds

The Supreme Court has formed a commission to look after the Bahria Town funds. This commission would be responsible for the funds disbursement being deposited by the Bahria Town Ltd. Karachi as a penalty for the illegal acquiring of land near Super Highway.

As per the available reports, the court approved the request of the attorney general to form a commission as both the federal government and the Sindh government had their eyes on the funds.

The commission will consist of 11 members and its head will be picked by the top court. Sindh governor and chief minister will be included in it along with the attorney general, accountant general, Sindh advocate general, chief secretary, provincial finance secretary, a senior member of the Sindh’s revenue board, and a representative of the auditor general office. Two social workers will be a part of it too.

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The commission will have the authority to give approval to the development projects in Sindh and assign funds for it. The court has said that the funds won’t be spent on the projects that are already underway in the province.

The real estate giant has so far deposited Rs.57 billion of the Rs.460 billion it is supposed to deposit in an account set up by the Supreme Court for illegally acquiring 16,896 acres of land off Karachi’s Super Highway.

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