Home / Misc. / National Accountability Bureau arrests main accused Muhammad Faiz, Managing Director EGO International

National Accountability Bureau arrests main accused Muhammad Faiz, Managing Director EGO International

Islamabad, March 11, 2015 (PPI-OT): The National Accountability Bureau (NAB) Rawalpindi has arrested main accused Muhammad Faiz s/o Muhammad Nawaz Managing Director of EGO International. The accused by introducing a fake Housing Scheme with the name of ‘Rahman Gardens’ in Rawalpindi, cheating public at large. He looted their hard-earned money by promising plots and disappeared from the scene.

Muhammad Faiz s/o Muhammad Nawaz arrested on the charges of corrupt practices/cheating public at large on the name of fake Housing Society. The accused has allegedly misappropriated and embezzled funds of the fake Housing Society amounting to Rs.12.5 million approximately. The accused Muhammad Faiz s/o Muhammad Nawaz Managing Director of EGO International will be produced before the Accountability Court tomorrow for grant of physical remand.

For more information, contact:
National Accountability Bureau (NAB)
ATTATURK AVENUE G-5/2, Islamabad
Tel: +92-51-111-NAB-NAB (111-622-622)
Fax: +92-51-9214502-03
Email: chairman@nab.gov.pk, infonab@nab.gov.pk

Leave a Reply

Scroll To Top