Pakistan army’s housing ventures face corruption investigation

Author(s): Jon Boone| Date: August 19, 2016 | Language: English
Source: www.theguardian.com | URL: https://goo.gl/2dNBbB | Type: text

Elysium Ranches, a housing development near Islamabad, was supposed to be a paradise. Spread over six sq miles of land, it would boast luxurious “farmhouses” costing up to £340,000 each, a seven-star hotel and an international-standard golf course to ensure it was “the ultimate place of happiness and tranquillity for its residents”.

Or so promised the scheme’s glossy 2009 corporate prospectus, which predicted revenues of £493m. The public would buy their slice of heaven from Pakistan’s most powerful and respected institution, the army.

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