ISLAMABAD: Prime Minister of Pakistan Raja Pervez Ashraf faces the threat of disqualification in the upcoming elections as a company co-owned by him has been declared defaulter by the Capital Development Authority (CDA).
According to sources, Chairman CDA Syed Tahir Shahbaz was removed after he told the Supreme Court of Pakistan that Prime Minister’s company was indeed a defaulter of the authority.
The documents available with this writer revealed that the Prime Minister’s company M/s Fairwin Enterprises purchased a plot from CDA on 26th November 1988 and sold the same to a third party without clearing CDA’s dues worth Rs 20,59, 986. The authority send repeated notices to the M/s Fairwin to clear the dues but failed to get any response until 1994 when the plot was cancelled vide a letter CDA/EM-50 (63)/1030.
The documents revealed that the Prime Minister and his two other partners registered M/s Fairwin Enterprises with Registrar of Islamabad Capital Territory on August 21, 1986 and bought a commercial plot No 63 measuring around one kanal in I&T Centre G-10/1 Islamabad.The plot was developed by Raja’s firm and over a dozen shops and 10 flats were constructed and sold to 18 different buyers.
However buyers later came to know that an amount of Rs 20,59,986 was never paid to CDA by the Prime Minister’s company.
The buyers contacted M/s Fairwin Enterprises and requested it to pay the dues but to no avail.
They also approached CDA and asked the authority to retrieve the dues from the company but the authority remained unmoved against the influential partners of M/s Fairwin Enterprises.
Facing fears of evictions by CDA, these 18 buyers have recently moved the Supreme Court of Pakistan to obtain justice. The Human Right Cell of the Supreme Court has directed the CDA chairman on February 16th to submit his report.
corporate body in his own name or in the name of his spouse or any of his dependents, or any business concern mainly owned by him or the aforesaid, stands unpaid for more than one year from the due date, or has got such loan written off;
Under Section 12 D a candidate must declare that “he, his spouse or any of his dependents or a business concern mainly owned by him or the aforesaid, is not in default in payment of government dues or utility charges, including telephone,
electricity, gas and water charges of an amount in excess of ten thousand rupees, for over six months, at the time of filing of nomination papers.