The Creek Marina Scam is a real estate fraud that has been ongoing for over a decade. The project, which was supposed to be a luxurious waterfront development in Karachi, Pakistan, has been plagued by delays, corruption, and mismanagement.
The Creek Marina Scam began in 2006, when the Defence Housing Authority (DHA) of Pakistan partnered with the Meinhardt Group of Singapore to develop the Creek Marina project. The project was marketed as a “world-class” residential development with apartments, townhouses, and a marina.
However, the project quickly ran into problems. The Meinhardt Group was accused of siphoning off money from the project, and the DHA was accused of failing to properly oversee the development. As a result, construction on the project was halted in 2010.
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DHA Creek Marina Scam | HISTORY
Since then, the Creek Marina project has been mired in legal limbo. The DHA has filed a lawsuit against the Meinhardt Group, and the allottees of the project have filed a class-action lawsuit against both the DHA and the Meinhardt Group.
The DHA Creek Marina scam is a major example of corruption and mismanagement in Pakistan. It has left thousands of people out of pocket, and it has damaged the reputation of the DHA.