Source: PK Politics

The News reports 450 Billion Rupees housing scam by Housing Minister of Musharraf regime. Syed Safwanullah of MQM has reportedly sold 3,281 government owned properties in Karachi worth 450 Billion rupees without any approval, which is the biggest scam in the real estate history of Pakistan.

Prime Minister Gillani has cancelled the illegal allotment of all these properties on inquiry by estate officer Sher Afzal Khan, who investigated in Karachi despite serious threats to his life.

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Tags: government owned properties, MQM, News reports, Real Estate, Scam