Bodace club scam – is it scam or legit?

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Bodace club scam – The national duty bureau (nab) on wednesday summoned 3 retired generals for their alleged involvement in royal palm golf club scam, which inflicted billions of rupees loss on pakistan railways.

“the summons were issued to lieutenant popular javed ashraf qazi (retd), lieutenant preferred saeeduz zafar (retd) and most important preferred hassan butt (retd) and they had been asked to appear before nab investigators on thursday (today) for recording their statements regarding the case,” disclosed nab spokesman zafar iqbal khan. The 3 generals were accused of illegally sanctioning railways assets to the ‘royal palm golf membership’ on nominal rates. In 2001, the railways leased out 141 acres of land at a top region in lahore to the proprietors of the royal palm and usa club, via an alleged non-obvious bidding method, causing billions of rupees loss to the countrywide exchequer. The country wide assembly’s status committee on railways had also directed the nab to behavior an inquiry towards former army officers concerned within the royal palm golfing club case. The nab officials instructed the committee that the rent of the membership changed into no longer obvious. It is pertinent to say right here that audit finished at federal stage in 2007 pointed out that the authorities had misplaced rs 10 billion with the aid of leasing out 103 acres of land to the membership constructed on pakistan railways’ land in lahore in early 2000. Following orders of the preferrred court docket to research the downfall of pakistan railways, nab chairman admiral fasih bokhari (retd) on november 14 remaining year ordered an inquiry in opposition to the officers suspected in their involvement in large misappropriation and embezzlement of pakistan railways budget.

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