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Ghost ‘Education Housing Society/Education City Lahore’ Scandel

Court of Judicial Magistrate extends physical remand of main accused
Anti-corruption team to investigate whereabouts of accomplices
– Victims freeze account containing Rs 120 million

LAHORE (March 19, 2012) : Court of Judicial Magistrate Zaffar Iqbal on Monday once again granted a four-day physical remand to Prof Dr Iftikhar Baig, the main accused in Rs 1 billion fraud case of a ghost housing society with the mane of Education Housing Society.


Anti-Corruption Inspector Rana Fawad produced a handcuffed Baig before the court where a large number of scandal victims were also present. After hearing both the sides and exchange of arguments, the judge gave orders of Dr Baig’s physical remand that will continue until March 23. The accused will be questioned with regards to the whereabouts of his accomplices.
The anti-corruption team had so far been unable to arrest any of the other accused persons, including wife of Dr Baig, who is also a member of the board of this so-called housing society.
The victims include Muhammad Younis Chisti, Raja Abbas Ali, Muzaffar Ali, Muhammad Sajjad Akhtar, Prof Rubina Attique, Munawar Ali, Rashid Iqbal, Prof Mumtaz Muhammad Islam, Janat Bibi, Muhammad Aslam Yasin, Muhammad Aslam Iqbal and others.
Two lawyers, including Supreme Court Advocate Chaudhry Muhammad Shaif and Lahore High Court Advocate Rana Riaz Ahmed Khan presented the victims’ case before the judge.
The Anti-Corruption Department arrested Baig on Tuesday in the fraud case involving Rs 1 billion – the money that had been looted from 4,500 national and overseas Pakistanis in the name of a housing colony.
Baig is the former principal of Government College Township, former chairman of the Rawalpindi Education Board and currently employed as professor in the Shalimar College, Lahore. Anti-Corruption Department Inspector Rana Fawad arrested Dr Iftikhar from the MAO College where he had been invited as chief guest for a sports ceremony. He was arrested on a tip-off from some of the victims of the scam.
According to documents available with Daily Times, Dr Iftikhar was arrested eight months after the Punjab chief minister had ordered transfer of the case from Rawalpindi to Lahore, and directed the authorities to arrest the culprit within “three days”.
FIR no 17/11 had been registered against the accused in Rawalpindi under section 420/468 on June 11, 2011. Raja Abbas Ali had registered the FIR through the chief minister. The case was later shifted to Lahore on the request of the complainants.
According to the FIR, Dr Iftikhar and his accomplices had launched a fraudulent housing scheme, namely Education City, over 4,000 kanals of land on Fateh Jang Road near the Islamabad airport. They launched the project with the help of an NGO, Education Foundation, and around 4,500 people were deprived of Rs 1 billion.
Partners of Dr Iftikhar included MAO College’s Professor Syed Ishfaq Hussain Shah, former Finance Department employee Nazir Ahmed, Zubaida Baig, the wife of Dr Iftikhar, Lubna Tirmizi and Shamim Akhtar.
The accused launched the project and advertised it in the media, attracting Pakistani and overseas investors. Each victim of the scam had paid Rs 61,000 to the ‘owners’ of the Education City Rs 50,000 in advance, Rs 1,000 as a membership fee and Rs 10,000 in commission.
The officials from Anti-Corruption Department said that Baig’s physical remand would allow them to procure important information that could lead to the arrest of other accused persons. It is noteworthy that the victims already managed to freeze an account having Rs 120 million under the name of the prime accused of the scandal.

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8 comments

  1. education city ka tamam victims kindly is number pr cont kra 03339577627….03145309516

  2. Mahmood Ahmed Khan

    Its my request o all Victim persons to make in touch with all and make a plan to do something on this
    My Contact Number is 03004232760
    Contact must

    • AoA Mehmood Khan Sb. Please call me on this number 0321-8372517. I am also a victim of this society and have invested Rs.300,000/=. I am Ex-MCBIAN.

  3. Mahmood Ahmed Khan

    Em Mr. Mahmood Ahmed Khan From Lahore, em also a victim of this scam. I was submitted @ File documents against 5,5 Marlas two plots in 2004 worth of Rs. 250000. But i have received not any single letter and even i also don’t know about any progress on this case.

  4. Any updates on the plots status or how to get the money back

  5. I have a5marila plot file any news for retaren my mony

  6. Malik Nadeem Afzal

    How i get back my amount from education city Rawalpindi which i have given for 5 marla plot.

  7. Long time ago, in Education city phase -1 , I have paid four lakh and fifty thousands rupees for one kanal plot in education city,fateh jang road ,attock/islamabad.Kindly advise me how can I get my money back??

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