NAB issues notice to ex-COAS’s brother for Rs500m ‘corruption’

ISLAMABAD: The National Accountability Bureau has issued a notice to Kamran Kayani, the younger brother of former army chief General (retd) Ashfaq Pervez Kayani, in connection with an investigation into the alleged illegal sale of allotment certificates of DHA Islamabad.
A formal inquiry has been initiated by NAB against Kamran Kayani, whose company Elysium Holdings Pakistan Limited is accused of being involved in the sale of allotment certificates for the DHA farmhouses project, which was initially conceived but later abandoned.
The inquiry against the Elysium Holdings Pakistan Limited was authorised on April 29, 2015 and the case involves the alleged corruption of Rs500 million.
Sources said the NAB issued the notice to Kamran Kayani last week. He has been asked to join the probe.The NAB sources said that the notice had been served on Kamran Kayani through the police. According to the NAB, Kamran Kayani is presently not in Pakistan but is expected to join the inquiry once he is back from abroad.
It is said that the DHA Islamabad had initially decided to launch a farmhouse scheme for which it had signed a deal with the Eden Company, which was to acquire the land for the scheme. However, since the required quantity of land could not be acquired, the scheme was abandoned.
It is said that the Eden Company had engaged Kamran Kayani’s Elysium Holdings Pakistan Limited for the purchase of the land acquisition. A formula was evolved under which the owner of 32 kanals of land was to be provided a farmhouse. An allotment certificate was to be issued to all such owners.It is said that despite the abandonment of the farmhouse scheme by the DHA, a total of 180 certificates were issued to local owners of the land that was never acquired or purchased.
It caused a huge liability for the DHA as despite the abandonment of the projects, there were 180 allotment certificates issued. It is said that almost 120 such allotment certificates were retrieved but the

remaining over 50 are still with the concerned owners who seek physical possession.
A senior NAB official told The News that Kamran Kayani is required to get all the remaining allotment certificates retrieved. “If we get back the remaining allotment certificates, the issue would be over. Otherwise, we have to proceed against the Elysium management,” the official said.
This is the first case being pursued by the NAB against any of the brothers of General Kayani. The former army chief enjoyed good reputation and was respected as well but the conduct of his brothers caused him huge embarrassment even during his term as the COAS.
According to media reports, Gen. Kayani’s youngest brother Kamran Kayani is also the CEO of JKB Constructions, which handled the Ring Road Project in Lahore. Kamran Kayani came under the media glare in 2009-10 when the then leader of the opposition Chaudhry Nisar Ali Khan told reporters in a press conference outside the Parliament House that General Kayani was so nice that when he and the Punjab Chief Minister Mian Shahbaz Sharif told him that work of Kamran’s company was not up to the mark, he asked them to assign this job to someone else.
It was said that Kamran Kayani won the same contract in an open bidding and never used the influence of his eldest brother and the then army chief. General Kayani had instead asked the chief minister Punjab not to show any favour to Kamran for being his brother.