by humayunbaig 
The Lahore Development Authority (LDA) recently exposed a colossal property transfer fraud in Lahore. This scam involved manipulation of official documents to issue No Objection Certificates (NOCs), primarily facilitated by corrupt officials within housing directorates and town planning wings of the LDA. The scam has inflicted heavy financial damage on the national treasury.
Unveiling the Fraud: A Tale of Vigilance
Owais Mushtaq, the Additional Director General (Housing) of LDA, discovered this fraud during routine document checks. He noticed people swapping NOC reports with ones that lacked essential information about property dues.
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The Impact: More Than Just Financial Loss
This malicious activity has not only led to financial losses for the LDA but also placed undue burden on property buyers who are left grappling with unclear information about outstanding dues.
The Response: A Call for Transparency
In response to this discovery, Owais Mushtaq issued directives to all housing societies and town planning directors, demanding transparent reports before issuing any NOC. Non-compliance with these directives would result in strict punitive actions.
Ensuring Compliance: A Stern Warning
Chief town planners were instructed to clearly report properties’ commercial status and any outstanding dues. A senior LDA officer claimed that this practice’s proper implementation would protect the LDA and property buyers from future losses.
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The Next Step: An Internal Audit
The same officer proposed an internal audit of NOC cases to further uncover fraudulent activities. If required, a comprehensive audit could be conducted to assess the overall financial impact on LDA.He insisted on holding wrongdoers accountable.
The Result: Accountability and Transparency
Mushtaq stressed that exposing this massive scam reflects LDA’s commitment to diligence and integrity. He warned that they would hold and penalize anyone who failed to comply with the new directives, leading to a more transparent property process.
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