In the context of a Supreme Court hearing regarding the forensic audit of housing societies, Chief Justice Umar Atta Bandial raised a notable point about the potential dominance of an IB-affiliated housing society. The review of the FIA report indicated a substantial loss of 175 billion rupees. However, the report lacked explanations from the societies under scrutiny.
Justice Athar Minullah questioned the propriety of FIA involving itself in private business activities, suggesting a conflict of interest. Justice Athar Manullah highlighted grave accusations of land acquisition against both FI and IB, emphasizing that their core mandate should focus on public service, not managing housing projects.
The Chief Justice noted the absence of discussions regarding government agency housing societies and suggested a separate notice for such matters. He deliberated on the cautious approach to taking suo motu notice, as its purpose is safeguarding public interest.
The Chief Justice expressed a preference for receiving applications rather than initiating suo motu actions, underscoring that the latter is intended to uphold public welfare. The court adjourned the hearing indefinitely. The Chief Justice led a three-member panel overseeing the proceedings.
