NAB Arrests Four Accused In Corruption Cases

The National Accountability Bureau (NAB) Lahore Thursday arrested four accused involved in two alleged corruption cases.

LAHORE, (UrduPoint / Pakistan Point News - 19th Jul, 2018 ) :The National Accountability Bureau (NAB) Lahore Thursday arrested four accused involved in two alleged corruption cases.

The accused- Muhammad Ashraf and Patwari Muhammad Asif- allegedly involved in State Life Insurance Cooperative Housing Society corruption case, arrested on charges of sale and purchase of 272 Kanal of land worth Rs 180.2 million whereas the other accused, Muhammad Asif, had been arrested for allegedly selling 20 Kanal and 6 marla land through forged and fabricated documents.

The accused also took financial benefits with the help of revenue officials which also caused financial damage to State Life Insurance Cooperative Housing Society.

The two other accused, General Manager Punjab Saghir Nisar of MNM Motorcycles Pvt Lmt and its stockist, Naveed Azhar, have also been nabbed on charges of depriving people of Rs11 billion (approx) by luring them for providing motorcycles on cheap rates.

It may also be mentioned here that the NAB has so far arrested 30 accused involved in MNM Motorcycle corruption case and the investigation was still under way against them in order to recover looted money.

The NAB officials have presented the accused Muhammad Ashraf, Muhammad Asif, Saghir Nisar and Naveed Azhar before the accountability court, however, the court issued 14-day physical remand in this regard.