Rs9bn scam: accused given in NAB custody for 14 days

Business Recorder

LAHORE: An accountability court on Tuesday handed over Asif Malik, owner of Alpha Estate, a development partner of the LDA city, to National Accountability Bureau (NAB) on 14-day physical remand in over Rs. 9 billion scam.
Earlier, the NAB officials produced the accused before Accountability Court Judge Muhammad Azam and submitted that the accused illegally sold out 1,012 files of the LDA city plots worth over Rs. 9 billion.
The officials requested the court to grant physical remand of the accused for investigation.
However, the accused contended that he fulfilled all legal requirements.
But, the court handed over the accused to NAB for 14 days and directed for his production on expiry of the remand term.

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