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Two POs involved in Rs25m embezzlement arrested

byCT Report
16/08/2017
in Business
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LAHORE: National Accountability Bureau (NAB) Lahore arrested two proclaimed offenders (POs) for being allegedly involved in Rs 25 million embezzlement case.

According to NAB spokesman, both POs – Ghulam Rasool and Abdul Ghafoor – in connivance with Amjad Sandal, Land Acquisition Collector (LAC), Dera Ghazi Khan had managed to sell and purchase land on bogus documents pertaining to fraudulently shown extended land area whereas, physically

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existence of the actual land was far more less than the one exaggerated on documents, which caused a loss of Rs 25 million to government exchequer.

In 2002, NAB Lahore filed corruption reference against main accused LAC Amjad Sandal and others where the accused was convicted for seven years imprisonment and a fine of Rs 6.7 million was imposed over him, moreover, both arrested accused were declared as POs in the same verdict.

NAB Lahore, on an intelligence report raided at Dera Ghazi Khan locality and managed to arrest both POs and produced them before an Accountability Court. A physical remand of the said accused has been acquired till August 17, 2017 for further investigation.

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