Islamabad, November 15, 2015 (PPI-OT):In the first corruption reference filed against Irfan Haider Awan, Chief Executive Officer (CEO) Pearl Shine Group and other accused persons in Modarba case on charges of cheating public at large in the ploy of Islamic mode of investment. In this reference the accused persons looted hard earned money of innocent people of Rs. 24.23 million in Modarba case.
In the second corruption reference, NAB Rawalpindi has filed in Accountability Court Islamabad against Amin Ur Rehman and other accused persons on charges of cheating public at large in the ploy of Islamic mode of investment. In this reference the accused persons looted hard earned money of innocent people of Rs. 8.46 million in Modarba case.
NAB Rawalpindi has filed 14 corruption references in Modarba Scam of Rs 22 billion. NAB Rawalpindi has recovered Rs.1 billion and 73 Crore from Modaraba Scam besides properties and vehicles. NAB has also arrested 32 accused persons in Modarba case.
During investigation, it has transpired that the accused persons induced public at large to invest their hard earned money in their illegal Modarba/Musharika business against attractive profits and thus looted the general public at large. The investigation teams are trying hard for recovery of looted money from the accused persons and have traced some properties, houses and agricultural lands which have been seized/ frozen under the law.
NAB has arrested 34 accused persons have been arrested in Modarba scam including Mufti Ehsan-ul-Haq, Mufti Ibrar-ul-Haq, Hafiz Muhammad Nawaz, Moeen Aslam, Obaidullah, Mufti Shabbir Ahmad Usmani, Sajjad Ahmed, Asif Javed, Ghulam Rasool Ayubi, Muhammad Hussain Ahmed, Hamid Nawaz, Muhammad Irfan, Bilal Khan Bangash, Matiur Rehman, Muhammad Numan Qureshi, Syed Aksheed Hussain, Muhammad Adil Butt, Muhammad Saqib, Umair Ahmed, Aqeel Abbasi, Mufti Hanif Khan, Nazeer Ahmed Ibrahim Alshoriam and Saifullah.
DG NAB Rawalpindi Mr. Zahir Shah said that in light of the directions of Chairman NAB, Qamar Zaman Chaudry, all out efforts are being made to recover the looted money from corrupts. He said that Chairman NAB has directed all ranks of officers/officials of NAB to work hard in order to eliminate corruption from the country by adopting Zero Tolerance Policy across the board transparently and on merit.
For more information, contact:
National Accountability Bureau (NAB)
Attaturk Avenue G-5/2, Islamabad, Pakistan
Tel: +92-51-111-NAB-NAB (111-622-622)
Email: email@example.com, firstname.lastname@example.org