Accused Given Ten-year Jail In Madaraba Scandal

An Accountability Court (AC) Tuesday awarded ten-year jail sentence to Ghulam Rasool Ayubi along with Rs 3.7 billion fine in a reference pertaining to Mudaraba scandal

ISLAMABAD, (UrduPoint / Pakistan Point News - 22nd Jan, 2019 ) :An Accountability Court (AC) Tuesday awarded ten-year jail sentence to Ghulam Rasool Ayubi along with Rs 3.7 billion fine in a reference pertaining to Mudaraba scandal.

AC Judge Arshad Malik announced the judgment which was earlier reserved in corruption scam regarding cheating the public and looting money.

The order read that the accused had been found guilty and all charges against them were proven.

Ayubi and other accused had been arrested on charges of corruption and cheating public through two Modaraba scams worth Rs 8.2 and Rs 3.3 billion.

The IHC had granted interim bail to Ayubi after he assured the bench to returnall looted money in 12 installments but the bail was canceled and accused was arrestedagain in 2016 after he failed fulfill the commitment.