{"id":54762,"date":"2019-08-29T17:42:18","date_gmt":"2019-08-29T17:42:18","guid":{"rendered":"https:\/\/www.zameen.com\/blog\/?p=54762"},"modified":"2020-01-27T07:54:26","modified_gmt":"2020-01-27T07:54:26","slug":"forensic-audit-41-housing-societies-in-ict-completed-this-year","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/forensic-audit-41-housing-societies-in-ict-completed-this-year.html","title":{"rendered":"Forensic audit of 41 housing societies in ICT to be completed this year"},"content":{"rendered":"<p>Islamabad: The forensic audit of 41 Cooperative Housing Societies registered with Cooperative Societies Department in Islamabad Capital Territory (ICT) is underway, and is likely to be completed by the end of 2019, according to the news sources.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/pkr-3-bn-released-for-initiating-development-work-in-rawalpindi-districts.html\" target=\"_blank\" rel=\"noopener noreferrer\">PKR 3 bn released for initiating development work in Rawalpindi districts<\/a><\/p>\n<p>This audit deals with the Section 10 of the Cooperative Societies Act, 1925. An Interior Ministry official spoke to the media and said that most societies aren\u2019t developed to uphold the commitments made with the people who invested in them. A few developers took over the amenities plots, reserved for mosques, parks or schools, in the initial plans.<\/p>\n<p>As per sources, these audits are being conducted in light of Supreme Court (SC) directions, issued in 2017. The <a href=\"https:\/\/www.zameen.com\/news\/fia-starts-investigation-against-98-housing-schemes.html\" target=\"_blank\" rel=\"noopener noreferrer\">Federal Investigation Agency (FIA)<\/a> Islamabad prepared terms of reference (TORs) to conduct these audits, and has concluded reports for 6 societies already.<\/p>\n<p><strong>Read:\u00a0<\/strong><a href=\"https:\/\/www.zameen.com\/news\/cda-ict-launch-anti-encroachment-operation-in-margalla-town.html\" target=\"_blank\" rel=\"noopener noreferrer\">CDA, ICT launch anti-encroachment operation in Margalla Town<\/a><\/p>\n<p>After the detailed reports are finalised, appropriate legal actions, under Section 43 of Cooperative Societies Act 1925, will be taken as per the SC orders.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The forensic audit of 41 Cooperative Housing Societies registered with Cooperative Societies Department in Islamabad Capital Territory (ICT) is underway, and is likely to be completed by the end of 2019, according to the news sources. Read:\u00a0PKR 3 bn released for initiating development work in Rawalpindi districts This audit deals with the Section 10 of the Cooperative Societies Act, 1925. An Interior Ministry official spoke to the media and said that most societies aren\u2019t developed to uphold the commitments made with the people who invested in them. A few developers took over the amenities plots, reserved for mosques, parks or schools, in the initial plans. As per sources, these audits are being conducted in light of Supreme Court (SC) directions, issued in 2017. The Federal Investigation Agency (FIA) Islamabad prepared terms of reference (TORs) to conduct these audits, and has concluded reports for 6 societies already. Read:\u00a0CDA, ICT launch anti-encroachment operation in Margalla Town After the detailed reports are finalised, appropriate legal actions, under Section 43 of Cooperative Societies Act 1925, will be taken as per the SC orders.<\/p>\n","protected":false},"author":75,"featured_media":44053,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[12767],"persona":[],"class_list":{"0":"post-54762","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-details-on-forensic-audit-of-41-housing-societies-in-ict-to-be-completed-this-year","9":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Forensic audit of 41 housing societies in ICT to be completed this year - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The forensic audit of 41 Cooperative Housing Societies registered with Cooperative Societies Department in Islamabad Capital Territory (ICT) is\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/forensic-audit-41-housing-societies-in-ict-completed-this-year.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Forensic audit of 41 housing societies in ICT to be completed this year - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Islamabad: The forensic audit of 41 Cooperative Housing Societies registered with Cooperative Societies Department in Islamabad Capital Territory (ICT) is\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/forensic-audit-41-housing-societies-in-ict-completed-this-year.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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