The National Accountability Bureau (NAB)-Karachi arrested accused Muhammad Arshad Latif in a raid from Multan. According to a statement here on Friday, accused Latif was wanted in an investigation No 242130 against Directors and Guarantors of M/s Hilton Trans Limited (a transport company) and others in wilful default loan.
The accused acted as Director of M/s Hilton Trans Ltd and is alleged to have wilfully defaulted amount of Rs 140 million under lease finance facility availed from M/s KASB Bank (now Bank Islami). The arrested accused will be produced before the Accountability Court today for physical remand.
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