Release of Aleem Khan-PTI Member & Owner of Park View City

Release of Aleem Khan-PTI Member & Owner of Park View City

Aleem Khan PTI member and Owner of Park View City Islamabad was arrested on 6th February on case of corruption by NAB. The politician appeared in front of NAB on accusation of owning assets beyond his sources of income and offshore companies. The NAB stated that Aleem Khan misused his authority and also gained assets beyond his means in Pakistan and overseas. Soon after the arrest, Aleem resigned from the post of Punjab local government minister and gave his resignation to the provincial chief minister.

After 3 months of struggle Pakistan Tehreek-e-Insaf (PTI) leader Aleem Khan was granted bail by the Lahore High Court (LHC) on Wednesday 15th May 2019. The bail was granted against surety bonds of Rs10 million.

In affect to arrest of Aleem Khan there was a major decline observed in the sales of Park View society, however the prices of properties in the society remained the same and did not suffer any low. Now that he is released investors are getting active again and the sales of Park View City have started to increase. The arrest of the politician did rather leave a bad taste in everyone’s mouth and tainted the image of society itself but hopefully with the bail things are looking brighter but only time will reveal the future of Park View City.

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