ISLAMABAD: The National Accountability Bureau (NAB) has arrested a total of 19 people in a case related to corruption, corrupt practices and cheating the public in the name Modarba, an Islamic mode of investment.
The NAB Rawalpindi is currently investigating the multibillion rupees scam in which a reference has already been pending before an accountability court since February 10, 2014.The main accused in the case, Mufti Ehsanul Haq of Fiazzi Group of Industries, is already in custody.
NAB has so far received 9,584 complaints from the people affected by the scam. It has recovered Rs487.1 million from the accused so far. NAB has also frozen some 14 properties and 22 vehicles belonging to the accused.
The arrested accused include Mufti Ehsanul Haq, Ibrarul Haq, Obaid Ullah, Moeen Aslam, Hafiz Nawaz, Wajid Ali, Hafiz Mukhtiar Khan, Osama Abbasi, Umair Ahmed, Bilal Afridi, Ibrahim Al Shoraim, Osama Qureshi, Saifullah, Nazir Ahmed, Idrees, Abdul Malik, Irshad Ullah Jan and Fazal Subhan.
NAB Rawalpindi Director General Irfan Naeem Mangi has directed NAB officers to speed up their efforts for recovery of looted money so that it could be returnedto those affected by the scam. Meanwhile, the Lahore Development Authority (LDA) director general has started providing details of the Orange Line Project in reply to the 12 questions sent by NAB to the authority about the project.
