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NAB arrests man in Rs92m misappropriation of funds case

byCT Report
06/10/2017
in Business
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LAHORE: National Accountability Bureau (NAB) Lahore took custody of one Muhammad Shakeel Khan over alleged misappropriation of public funds in a case of inquiry against ex-Accountant General Punjab (AGP) Zahid Rashid, where it was alleged that Rs 92 million had been embezzled through fake claims.

According to NAB spokesman, the accused committed the offence of abetting in misappropriation of public funds by interfering in operations of AG Punjab Office despite being a private person. The accused took token machine under his custody and later embossed token in triplicate on the fake claims of Walled City of Lahore Authority (WCLA) through the token machine.

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The accused got the said fake claims initially punched in the system and, subsequently, used to influence the staff of AG Punjab Office to ignore all pre-audit mechanisms and immediately process the fake bills. Moreover, cheques prepared in lieu of these fake claims were also received by accused Muhammad Shakeel, himself. Whereas, in the light of the NAB Ordinance 1999, Section 9 (a), the said accused committed offence of abetment in misappropriation of public funds.  NAB Lahore has acquired seven days physical remand of accused Muhammad Shakeel after producing him before an accountability court.

 

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