LAHORE: Evacuee Trust Property Board (ETPB) Chairman Siddiqul Farooq says that board owns no commercial property in Balochistan, as its all land in the province had been sold by its two former heads, who also were retired military generals, during the Musharraf rule.
He told Dawn the two retired military generals had declared the land as “unmanageable” during their tenures.
“In Balochistan, the ETPB had the commercial property worth billions on Jinnah Road in Quetta which was sold during the regimes of two retired generals,” he said.
“Their act caused a huge financial loss to the ETPB.”
He said it was shocking to know that trust’s commercial property had been sold illegally by declaring it “unmanageable”.
“You know the rates of commercial property in Quetta: Rs250,000 per squre feet.”
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