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Business

NAB arrest one for cheating public

KARACHI: National Accountability Bureau (NAB) Karachi has arrested one accused, Asad Ali Malik, a private person, says a

Dec 19 2018

KARACHI: National Accountability Bureau (NAB) Karachi has arrested one accused, Asad Ali Malik, a private person, says a NAB release here Wednesday.

He cheated public at large by taking payments of vehicles from the affectees but failed to deliver the vehicles as per the promise. He portrayed himself as member of dealership of Indus Motors and took payments for vehicles.

He was making fake bookings, issued fake authority letters, transfer and sale confirmation letters for different vehicles through his signature and stamp.

He took the delivery of vehicles from the dealership of Indus Motors but failed to deliver vehicles to the real owner. The amount involved is Rs. 300 million.

Accused shall be produced before the Accountability Court tomorrow for remand.

Copyright PPI (Pakistan Press International), 2018