KARACHI: The Accountability Court on Wednesday remanded chairman of the Shaheed Benazir Bhutto Housing Scheme to the National Accountability Bureau (NAB) for allegedly embezzling funds worth millions of rupees in a low-cost housing scheme.
The NAB had arrested Manzar Abbas, the chairman and director technical drawing and disbursement officer of the Benazir Housing Scheme, allegedly involved in misappropriation of Rs 367.593 million funds for low-cost housing scheme in Kashmore district.
According to sources, the suspected chairman had issued fake calculation for issuance of illegal cheques to M/s Fiza Social Welfare Organisation against which funds were illegally released and misappropriated.
On Wednesday, the officials were brought before the accountability court where the NAB team prayed the court for physical remand of the accused persons. While hearing the arguments, the accountability court sent the director and other officials on ten-day physical remand to NAB.
The sources said that these officials had confessed of making corruption of millions of rupees and it was expected that many officers of the housing scheme would also be taken into custody for further investigations.