Finance

Supreme Court Accepts Bahria Town’s Offer Of Rs 460 Billion

Karachi, March 20, 2019: the Supreme Court on Thursday accepted offer of Rs 460 billion of Bahria Town for settlement and windup the case.

The court has also asked National Accountibility Bureau not to file reference against the Bahria Town.

NAB also directed to obtain permission from the court before filing any reference against Bahria Town.

The SC has also asked NAB to stop action on the early filed reference against the Bahria Town and informed that Bahria Town will pay Rs 460 billion in seven years.
During the initial four years Bahria Town will pay Rs 225 billion , while remaining balance will be paid in next three years.

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