Islamabad: NAB arrests 5 involved in corruption of millions
ISLAMABAD: The National Accountability Bureau (NAB) on Tuesday arrested five accused persons involved in various corruption cases. According to a release, the federal watchdog arrested Muhammad Ramzan, Muhammad Ihsan, Sheikh Muhammad Raheel, Sheikh Muhammad Sajeel and Muhammad Hafeez Abbasi. After production before the Accountability Court, Islamabad, all these accused persons are under physical remand with NAB (Rawalpindi) for further investigation.
The accused Muhammad Ramzan has been arrested on the allegation of cheating public at large through a fake housing society namely “Rafia Home” in mouza Kotha Khurd, Rawalpindi. He escaped after collecting huge amounts from the general public against the promise of giving them fully constructed houses in the said society. He is also alleged of embezzlement of Rs2 million from the funds of the said housing society.
The arrested accused Muhammad Ihsan is alleged of cheating the public at large by way of inducing them for investment in his so-called Modaraba business. He has looted hard earned money of the general public worth millions of rupees through his illegal Modaraba scheme. The accused Shiekh Muhammad Raheel and Sheikh Muhammad Sajeel, both brothers, have been arrested for cheating the public at large by way of offering low cost plots in their housing society namely Galaxy City Housing Scheme in Fateh Jang, Rawalpindi.
So far 400 affectees have approached NAB against default of the said society which comes to about Rs70 million. The accused Muhammad Hafeez Abbasi is alleged of corruption and corrupt practices in the rental power project of M/s Karkey case. The reference of this case is under trial at the accountability court. Similarly, NAB has arrested Irfanullah Khan, Project Director of Tawana Pakistan Project. Irfanullah Khan is accused of Rs570 million corruption in Tawana Pakistan Project. He was an absconder for the last four years since 2011.
Meanwhile, on the directions of National Accountability Bureau (NAB) Chairman Qamar Zaman Chaudhry, the NAB and NED University of Engineering and Technology, Karachi under the memorandum of understanding (MOU) signed between NAB and Higher Education Commission (HEC) join hands to create awareness against the ill effects of corruption among the youth of Pakistan through establishment of Character Building Societies (CBS) in universities, colleges and schools throughout the country. The NAB in collaboration with HEC has already constituted 4,009 Character Building Societies (CBSs) in different universities, colleges and schools including 9 CBSs in IBA Sukkur which were recently constituted during the recent visit of the NAB Chairman to IBA Sukkur. NED University of Engineering and Technology, Karachi has agreed to constitute Character Building Societies (CBSs) in order to sensitise their students about the ill effects of corruption and to join hands with NAB’s message “Say No to Corruption”.