National Accountability Bureau (NAB), Karachi, on Wednesday claimed to have arrested two persons allegedly involved in a multi-million financial scam. According to details, one of them, identified as Muhammad Farhan Arif s/o Muhammad Arif, was arrested from his Gulistan-e-Jauhar's house. A proclaimed offender, he was wanted in reference No 26/2015 (State Vs Muhammad Khurram & others).
He was charged of being illegal beneficiary/receiver of amount of Rs 22.5m in a financial fraud of Rs 40m, allegedly committed by accused Muhammad Khurram and Abdul Ghaffar. Both Khurram and Ghaffar were employees of an investment company (IGI Finex Securities (Pvt) Ltd and they are currently serving their seven and five-year terms of rigorous imprisonment, respectively. Officials said that Muhammad Farhan will be produced before an accountability court of Karachi on Thursday.
The other accused, Haroon Rasheed s/o of Suleman Khan, was also arrested from Jauhar. He has been absconding since more than a decade and wanted in five references (State Vs Imtiaz Ali Taj & others). As a Customs clearing agent at Gawadar, he was alleged to have caused loss to the national exchequer to the tune of Rs 66m by receiving illegal rebate on the basis of bogus/fake exports of Art Silk fabrics and glass marble in connivance with the then CEO of Charlie Enterprises, Imtiaz Ali Taj. The accused has been remanded to jail, the officials said.
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