Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

NAB KPK arrests engineer of Risalpur Locomotive Factory on corruption charges

byNadir Khan
21/10/2015
in Latest News, National
Share on FacebookShare on Twitter

PESHAWAR: NAB Khyber Pakhtunkhwa arrested accused Fiaz Ali Shah, serving Deputy Chief Mechanical Engineer (BPS-19) of Pakistan Locomotive Factory, Risalpur. He is allegedly involved in accumulating assets beyond known sources of his income worth millions of rupees.

As per details, the matter was brought into the notice of NAB Khyber Pakhtunkhwa authorities. Taking cognizance of the matter, an inquiry was launched to ascertain the real facts and collect requisite evidence regarding movable and immovable properties owned, controlled and possessed by the accused on his own name and in the name of his dependents.

You might also like

Pakistan secures $7.3b loan rollovers from Saudi Arabia, China & Kuwait

05/11/2026

Pakistan seeks two winter LNG cargoes worth $200m

05/11/2026

The inquiry revealed that the suspect, during his service in Pakistan Locomotive Factory, Risalpur, accumulated huge assets disproportionate to his known sources of income which include two plots of one kanal each at Staff Road, Risalpur Cantt, two plots of one kanal each at Sheikh Maltoon Town, Mardan and ownership of a CNG Station namely Mardan Ways on Nowshera Road Mardan.

Besides, he owns three kanal  and three marlas commercial plot on Malakand Road, Mardan utilized for the establishment of Gas Tech CNG station and Sky Ways Bus Stand, owns 10 kanal 7 marlas commercial plot at Bagh-e-Arum, Nowshera, owns 16 kanal 8 marlas agriculture land in Mardan and also owns CNG Station namely Cantt CNG Services on Bank Road, Mardan.

NAB Khyber Pakhtunkhwa actively pursuing the case and more properties are expected to be unearthed. The accused will be produced before the accountability court for obtaining his physical remand into NAB custody.

 

Related Stories

Pakistan secures $7.3b loan rollovers from Saudi Arabia, China & Kuwait

byCT Report
05/11/2026

ISLAMABAD: Pakistan has secured assurances for the rollover of $7.3 billion in loans from Saudi Arabia, China and Kuwait, easing...

Pakistan seeks two winter LNG cargoes worth $200m

byCT Report
05/11/2026

KARACHI: Pakistan has started procuring liquefied natural gas (LNG) for the winter season, inviting international suppliers to bid for two...

FBR chairman announces end of super tax in phases

byCT Report
05/11/2026

ISLAMABAD: The federal government plans to abolish the super tax in phases, Federal Board of Revenue (FBR) Chairman Rashid Mahmood...

FIA cannot arrest loan defaulters without banking court ruling

byCT Report
05/11/2026

LAHORE: The Lahore High Court (LHC) has barred the Federal Investigation Agency (FIA) from initiating criminal proceedings against bank customers...

Next Post

UK Chamber meets with Shipping Minister to push case for MCA reform

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.