PESHAWAR: NAB Khyber Pakhtunkhwa Tuesday arrested an accused Amjad Ali, owner of Zohaib Gardan, Mardan from Islamabad over charges of corruption and corrupt practices besides cheating public at large on the pretext of fake housing scheme.
As per NAB-KP spokesperson, the accused Amjid Ali Khan along-with other co-accused persons enticed and motivated general public through attractive advertisements to invest their hard earned money in fraudulent housing scheme “Zohaib Garden” at Jail road Mardan, and Zohaib Commercial Complex in Mardan and Peshawar.
Due to attractive incentives, 105 innocent individuals invested in these projects. At the end the accused persons neither handed over possession to investors nor did they return the money.
It merits to mention here, that after cognizance by NAB the accused absconded and avoided inquiry proceeding. Accordingly reference amounting to Rs 62.378 million has been already filed against the accused persons in the accountability court, which is under trial.
The Accountability Court declared the accused person as proclaim offender. The accused person would be produced before the accountability Court for obtaining his physical remand.
The Director General NAB -KP Farmanullah Khan assured the general public that NAB would continue efforts without any fear or favor and ensure the recovery of looted money from the culprits and return to its rightful heirs.
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