Home Scam/Fraud Rawalpindi Ring Road scam made Rs130b in property deals in four years:...

Rawalpindi Ring Road scam made Rs130b in property deals in four years: investigators

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  • Rawalpindi Ring Road project generated Rs130 billion in property deals since inception in 2017, according to new inquiry findings.
  • Fresh official findings reveal 18 politically-connected individuals and 34 influential builders and property tycoons acquired around 64,000 kanals of land within limits of Rawalpindi Ring Road project.
  • Value of land was expected to multiply once work on the Rawalpindi Ring Road project started.

ISLAMABAD: More than Rs130 billion has been made in property deals as part of the Rawalpindi Ring Road project since its conception in 2017, an initial inquiry into the scam found.

According to the new official…

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