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NAB KP arrests Ayazul Haq for depriving people of Rs 10m in name of Modaraba

byNadir Khan
13/11/2015
in Latest News, National
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PESHAWAR: NAB Khyber Pakhtunkhwa arrested Ayazul Haq of Battagram for allegedly depriving people of Rs 10 million in the name of Islamic mode of business i.e. Mudaraba.

During the course of inquiry, it was revealed that the accused lured people to invest their money in his fake Muddaraba business, promising them huge profit on their investment.

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The accused after few months not only stopped paying profits but also refused to pay back the original invested money and disappeared.

The accused is now in the custody of NAB Khyber Pakhtunkhwa. Any person who has any claims against him should consult NAB Khyber Pakhtunkhwa, PDA Complex, Block – III, Phase – V, Hayatabad Peshawar without any delay.

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