AIRLINK 199.70 Increased By ▲ 1.73 (0.87%)
BOP 9.97 Decreased By ▼ -0.07 (-0.7%)
CNERGY 7.61 Increased By ▲ 0.32 (4.39%)
FCCL 39.25 Increased By ▲ 3.25 (9.03%)
FFL 16.83 Decreased By ▼ -0.08 (-0.47%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 135.40 Increased By ▲ 1.37 (1.02%)
HUMNL 14.34 Increased By ▲ 0.20 (1.41%)
KEL 4.78 No Change ▼ 0.00 (0%)
KOSM 6.79 Decreased By ▼ -0.15 (-2.16%)
MLCF 46.53 Increased By ▲ 1.55 (3.45%)
OGDC 217.30 Decreased By ▼ -0.93 (-0.43%)
PACE 6.99 Increased By ▲ 0.05 (0.72%)
PAEL 41.56 Increased By ▲ 0.14 (0.34%)
PIAHCLA 17.04 Increased By ▲ 0.18 (1.07%)
PIBTL 8.56 Increased By ▲ 0.10 (1.18%)
POWER 9.70 Increased By ▲ 0.31 (3.3%)
PPL 184.25 Decreased By ▼ -1.68 (-0.9%)
PRL 42.45 Increased By ▲ 1.18 (2.86%)
PTC 25.10 Increased By ▲ 0.33 (1.33%)
SEARL 104.65 No Change ▼ 0.00 (0%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.63 Decreased By ▼ -0.28 (-0.68%)
SYM 17.84 Decreased By ▼ -0.21 (-1.16%)
TELE 8.88 Decreased By ▼ -0.03 (-0.34%)
TPLP 12.99 Increased By ▲ 0.15 (1.17%)
TRG 66.39 Decreased By ▼ -0.21 (-0.32%)
WAVESAPP 11.33 Increased By ▲ 0.03 (0.27%)
WTL 1.77 Decreased By ▼ -0.01 (-0.56%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,143 Increased By 33.4 (0.28%)
BR30 36,871 Increased By 273.4 (0.75%)
KSE100 115,188 Increased By 146.2 (0.13%)
KSE30 36,223 Increased By 23 (0.06%)

The Accountability Court hearing the multibillion rupees fake bank accounts case on Thursday extended judicial remand of Ijaz Haroon, chairman Overseas Cooperative Society (OCS) and former chairman Pakistan International Airline (PIA), till February 10.

The jail authorities produced Haroon before Accountability Court Judge Muhammad Bashir on expiry of his judicial remand. The court extended his remand and ordered to produce him before it on February 10.

During the previous hearing, the NAB officials informed the court that the accused was arrested from Karachi on November 21. There is an allegation of illegal allotment of plots against the accused, they said. They further said that the accused has allegedly sold 12 fictitious plots to an equal number of fake allotees.

The transactions of these plots were made through fake bank accounts, they said, adding that these 12 fake plots were allegedly used to launder Rs144 million for Omni Group. They further told the court that the Bureau has found sufficient evidence against the accused.

Copyright Business Recorder, 2020

Comments

Comments are closed.