NAB arrests man linked to Rs14b scam

The Nation

LAHORE – The National Accountability Bureau (NAB) claimed on Monday to have arrested a proclaimed offender allegedly involved in corruption of Rs14 billion, said a spokesman for the bureau.
He said that NAB Lahore officials arrested Fakhar Islam during a raid in a Kasur area. According to details, NAB Lahore has been looking into a corruption case against former land acquisition collector (LAC) Mian Abdul Rauf and others.
They were accused of purchasing land on Ferozepur Road in the Kahna Seloki area allegedly at exorbitant rates and causing the exchequer a loss of Rs14 billion. NAB Lahore has so far arrested 17 accused involved in the case. Fakhar Islam was declared proclaimed offender in 2016.
During the course of investigation, it was revealed that Rs1.8 million had been transferred into accused Fakhar Islam’s personal account as an alleged transaction in the wake of bogus sale and purchase of land in Kahna Seloki for development projects. NAB Lahore officials have got physical remand of accused Fakhar Islam till September 4 from an accountability court.
NAB summons businessman in money laundering case
As the National Accountability Bureau (NAB) is focusing on cases involving money laundering, business tycoon Mian Mansha has been summoned again by the anti-graft watchdog next month.
NAB had previously summoned the suspect for questioning on August 17, but Mian Mansha did not appear before the NAB officials.

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