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 Business

NAB court extends physical remand of Khawaja brothers’ till Jan 5

byCT Report
22/12/2018
in Business, Latest News
Share on FacebookShare on Twitter

LAHORE: An accountability court extended till January 5 the physical remand of PML-N leader Khawaja Saad Rafique and his brother Khawaja Salman Rafique, who are being probed by the National Accountability Bureau in the Paragon Housing scam case.

After the brothers were brought to the accountability court today amid tight security, NAB’s Special Prosecutor Waris Ali Janjua presented his arguments on behalf of the bureau.

You might also like

Electricity price may rise as Discos seek extra fuel cost charge

18/04/2026

Pakistan returns to global markets with $500m Eurobond after four years

18/04/2026

The NAB prosecutor told the court that, during the 10-day initial remand, the bureau probed the funds allegedly received by the siblings from Saadain Associates and Executive Builders.

Janjua further apprised the court that a certain Farhan Ali was handling the accounts of Executive Builders and Paragon, alleging that Rs6.2 million had been transferred directly into Saad’s account from Paragon’s.

Saad, according to Janjua, claimed that the transfer was a payment of commission but did not provide them with any details.

Janjua said that NAB investigators asked Saad and Salman to provide the whereabouts of the people to whom they had provided “services” — a request the brothers did not oblige to, he claimed.

“We want to record those people’s statements but they [the Khawaja brothers] aren’t telling us anything,” the prosecutor complained.

Amjad Pervez, the Khawaja brothers’ counsel, argued that the commission obtained by their clients from Executive Builders had been declared in the tax returns. “The facts told by the Khawaja brothers are being distorted,” he said.

The siblings’ counsel opposed NAB’s request for an extension to their remand, saying that “granting of remand to settle internal disputes of people” was unfair.

On Dec 12, the court had granted the bureau a 10-day physical remand of the brothers, a day after they had taken the siblings into custody following the rejection of their petition to obtain pre-arrest bail.

Related Stories

Electricity price may rise as Discos seek extra fuel cost charge

byCT Report
18/04/2026

ISLAMABAD: Electricity consumers may face higher power bills starting in May, as power distribution companies have requested the national energy...

Pakistan returns to global markets with $500m Eurobond after four years

byCT Report
18/04/2026

ISLAMABAD: Pakistan has re-entered the international financial market after a gap of four years by successfully issuing a $500 million...

Faisalabad Customs promotes EFS to boost efficiency: Collector Dr. Rizwan Basharat

byCT Report
18/04/2026

FAISALABAD: Officials from Pakistan Customs have urged exporters to fully utilise the Export Facilitation Scheme (EFS), highlighting that businesses at...

Aurangzeb advance economic diplomacy, engages global partners in Washington

byCT Report
18/04/2026

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, concluded final day of IMF-WB Spring Meetings in Washington. He...

Next Post

Govt decides to cut WHT on banking transactions

  • 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.