AIRLINK 81.10 Increased By ▲ 2.55 (3.25%)
BOP 4.82 Increased By ▲ 0.05 (1.05%)
CNERGY 4.09 Decreased By ▼ -0.07 (-1.68%)
DFML 37.98 Decreased By ▼ -1.31 (-3.33%)
DGKC 93.00 Decreased By ▼ -2.65 (-2.77%)
FCCL 23.84 Decreased By ▼ -0.32 (-1.32%)
FFBL 32.00 Decreased By ▼ -0.77 (-2.35%)
FFL 9.24 Decreased By ▼ -0.13 (-1.39%)
GGL 10.06 Decreased By ▼ -0.09 (-0.89%)
HASCOL 6.65 Increased By ▲ 0.11 (1.68%)
HBL 113.00 Increased By ▲ 3.50 (3.2%)
HUBC 145.70 Increased By ▲ 0.69 (0.48%)
HUMNL 10.54 Decreased By ▼ -0.19 (-1.77%)
KEL 4.62 Decreased By ▼ -0.11 (-2.33%)
KOSM 4.12 Decreased By ▼ -0.14 (-3.29%)
MLCF 38.25 Decreased By ▼ -1.15 (-2.92%)
OGDC 131.70 Increased By ▲ 2.45 (1.9%)
PAEL 24.89 Decreased By ▼ -0.98 (-3.79%)
PIBTL 6.25 Decreased By ▼ -0.09 (-1.42%)
PPL 120.00 Decreased By ▼ -2.70 (-2.2%)
PRL 23.90 Decreased By ▼ -0.45 (-1.85%)
PTC 12.10 Decreased By ▼ -0.89 (-6.85%)
SEARL 59.95 Decreased By ▼ -1.23 (-2.01%)
SNGP 65.50 Increased By ▲ 0.30 (0.46%)
SSGC 10.15 Increased By ▲ 0.26 (2.63%)
TELE 7.85 Decreased By ▼ -0.01 (-0.13%)
TPLP 9.87 Increased By ▲ 0.02 (0.2%)
TRG 64.45 Decreased By ▼ -0.05 (-0.08%)
UNITY 26.90 Decreased By ▼ -0.09 (-0.33%)
WTL 1.33 Increased By ▲ 0.01 (0.76%)
BR100 8,052 Increased By 75.9 (0.95%)
BR30 25,581 Decreased By -21.4 (-0.08%)
KSE100 76,707 Increased By 498.6 (0.65%)
KSE30 24,698 Increased By 260.2 (1.06%)
Business & Finance

Saad Rafique claims NAB's 'black law' is destroying the country

Former Railways Minister Saad Rafique claimed on Friday the National Accountability Bureau (NAB) of having a 'black
Published December 21, 2018

Former Railways Minister Saad Rafique claimed on Friday the National Accountability Bureau (NAB) of having a 'black law' and warned that NAB was destroying Pakistan's politics, economy and democracy.

Saad said this while he was going to attend his first National Assembly session since being taken into NAB's custody. The former minister was accompanied by Opposition Leader Shehbaz Sharif and Pakistan Muslim League - Nawaz (PML-N) leader Marriyum Aurangzeb. He claimed,"NAB's 'black law' is damaging Pakistan's economy, politics and democracy."

However, the PML-N leader maintained that he was being treated well by NAB. Saad and his brother Salman Rafique have been in NAB's custody since December 11. On December 12, the NAB was granted a 10-day physical remand of the two brothers.

The brothers were arrested for their involvement in the Paragon Housing Society scam. NAB has accused Saad and Salman, along with chief executive of Paragon City Nadeem Zia and others, of launching an illegal housing scheme Paragon City (Pvt) Ltd in 2005 on the basis of forged and fabricated documents.

NAB also said that both Saad and Salman had received money from the housing society. NAB revealed that both brothers had admitted that they took millions of rupees as commission.

Copyright Business Recorder, 2018

Comments

Comments are closed.