The court allowed the request and granted transit remand of Khawaja Saad till January 4 accordingly. Khawaja Saad and his brother Khwaja Salman Rafiq are on physical remand with the NAB for their alleged role in Paragon City Housing Scheme scam.
The NAB alleged that Saad Rafiq through his wife Ghazala Saad and in connivance with his brother Salman Rafiq, with abetment of Qaiser Amin Butt and Nadeem Zia, established a housing project in the name of Air Avenue. The project was later converted into a new housing project Paragon City Pvt Ltd. It alleged that the record showed that the Paragon City was an illegal society and not approved by the Lahore Development Authority. The bureau said the suspects along with other accomplices cheated the public and obtained illegal financial benefits from the funds of the society.