AIRLINK 204.45 Increased By ▲ 3.55 (1.77%)
BOP 10.09 Decreased By ▼ -0.06 (-0.59%)
CNERGY 6.91 Increased By ▲ 0.03 (0.44%)
FCCL 34.83 Increased By ▲ 0.74 (2.17%)
FFL 17.21 Increased By ▲ 0.23 (1.35%)
FLYNG 24.52 Increased By ▲ 0.48 (2%)
HUBC 137.40 Increased By ▲ 5.70 (4.33%)
HUMNL 13.82 Increased By ▲ 0.06 (0.44%)
KEL 4.91 Increased By ▲ 0.10 (2.08%)
KOSM 6.70 No Change ▼ 0.00 (0%)
MLCF 44.31 Increased By ▲ 0.98 (2.26%)
OGDC 221.91 Increased By ▲ 3.16 (1.44%)
PACE 7.09 Increased By ▲ 0.11 (1.58%)
PAEL 42.97 Increased By ▲ 1.43 (3.44%)
PIAHCLA 17.08 Increased By ▲ 0.01 (0.06%)
PIBTL 8.59 Decreased By ▼ -0.06 (-0.69%)
POWER 9.02 Decreased By ▼ -0.09 (-0.99%)
PPL 190.60 Increased By ▲ 3.48 (1.86%)
PRL 43.04 Increased By ▲ 0.98 (2.33%)
PTC 25.04 Increased By ▲ 0.05 (0.2%)
SEARL 106.41 Increased By ▲ 6.11 (6.09%)
SILK 1.02 Increased By ▲ 0.01 (0.99%)
SSGC 42.91 Increased By ▲ 0.58 (1.37%)
SYM 18.31 Increased By ▲ 0.33 (1.84%)
TELE 9.14 Increased By ▲ 0.03 (0.33%)
TPLP 13.11 Increased By ▲ 0.18 (1.39%)
TRG 68.13 Decreased By ▼ -0.22 (-0.32%)
WAVESAPP 10.24 Decreased By ▼ -0.05 (-0.49%)
WTL 1.87 Increased By ▲ 0.01 (0.54%)
YOUW 4.09 Decreased By ▼ -0.04 (-0.97%)
BR100 12,137 Increased By 188.4 (1.58%)
BR30 37,146 Increased By 778.3 (2.14%)
KSE100 115,272 Increased By 1435.3 (1.26%)
KSE30 36,311 Increased By 549.3 (1.54%)

National Accountability Bureau (NAB) Karachi on Tuesday claimed to have arrested eight accused persons nominated in reference No. 2 in 2018 filed in Accountability Court Karachi. The accused persons were arrested subsequent to withdrawal / recall of their pre-arrest bails by the Sindh High Court. The detained persons namely Nisar Ahmed Jan Memon aka Nisar Morai, Abdul Saeed, Sultan Qamar Siddiqui and others were charged on the allegations of corruption and corrupt practices including illegal appointments of 400 employees in Fisherman Cooperative Society (FCS) BPS-18 during January 2014 to July 2017, illegal award of fake construction contracts in FCS and subsequent withdrawal of amounts by cash for personal gains and embezzlement in trash fish sale without auction, causing Rs 343.79 million to the national exchequer.
Furthermore, around 13 accused persons were nominated in the said reference of which eight accused were nabbed on April 10 to raise total arrests to 11 and two of them were declared abscondeRs
The eight arrested persons namely Nisar Ahmed Jan Memon, ex-chairman Fisherman Cooperative Society, Abdul Saeed Khan, ex-chairman Fisherman Cooperative Society, Sultan Qamar Siddiqui, ex-vice chairman Fisherman Cooperative Society, Haji Wali Muhammad, ex-manager Fisherman Cooperative Society, Shahid Hussain, ex-manager Finance Cooperative Society, Imran Afzal, contractor, Riaz Ahmed, ex-manager market (FCS) and Amjad Iqbal Warraich, ex-manager market (FCS).

Copyright Business Recorder, 2018

Comments

Comments are closed.