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Zardari, Bilawal buy 300 acres in Islamabad

A private company owned by President Asif Ali Zardari and his son Bilawal Zardari purchased 2,460 Kanals (307 acres) of prime land in Islamabad, valued at a CDA price of over Rs 2 billion, for a mere Rs 62 million, proving after a long wait that a 1997NAB reference against Zardari for the same deal was justified, but had to be dropped then for lack of some missing links. The deal which Zardari was accused of in 1997, was thus completed this March, 15 years later, after a complex process of legal cases, suits and counter-suits, between a person once declared by the then government as a front man of Asif Ali Zardari, another person believed to be closely associated with the president and a private company that is jointly owned by the president, his son and a few others. Documents and legal papers, including the sale deed and court judgments given by the PCO-led Islamabad High Court, available with The News, prove that a Karachi-based private company, Park Lane Estates (Pvt) Ltd, purchase

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