Fifteen Capital Development Authority (CDA) employees, including high-ranking officers and junior personnel, face questioning by the Federal Investigation Agency (FIA) regarding a substantial corruption investigation. The FIA’s Corporate Crime Circle issued a second summons related to a probe into the alleged misappropriation of millions of rupees.

The investigation, filed under case number 49/2022, stems from a Public Accounts Committee (PAC) audit that revealed a potential loss of Rs. 297.09 million to the national treasury.

The FIA suspects the financial discrepancies arose from unauthorized commercial property conversions and incorrect implementation of conversion fees executed without the CDA Board’s consent.

The summoned individuals include a Member Estate, former Directors, Deputy Directors, and personnel from Accounts, Administration, and junior ranks. They are mandated to present themselves before the FIA Corporate Crime Circle (CCC) in Islamabad on July 8th, 9th, and 10th at 11:00 AM.

The agency cautioned that non-compliance with the summons will lead to legal repercussions.