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Step towards financial stability of KDA; NAB handed over auction files

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By the great efforts of Director General KDA Dr. Saif ur Rehman, Member (A) Abdul Qadeer Mangi, Additional Director Commercial Cell Syed Zafar Ali, Assistant Director Commercial Cell Syed Farzand Ali & Assistant Director Commercial Cell Qamar Ahmed Sheikh National Accountability Bureau – NAB has handed over auctions files to Additional Director Syed Zafar Ali & Assistant Director Qamar Ahmed Sheikh.

It was learned that the auction files which worth millions of rupees were in custody of NAB and after almost thrirty months period said files has been handed over to the department officials.

An Official of Karachi Development Authority informed that the department would generate more than 2.5 Billion of ruppees by recovery from these files which would prove beneficial for the financial stability of KDA.

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