Amin Faheem also involved in NICL scam?

KARACHI – Clues have been found that link not only some officials of the Federal Commerce Ministry, but its minister to the National Insurance Company Limited (NICL) scam as well.
Sources in the Federal Investigation Agency (FIA) told Pakistan Today they have found clues suggesting that some bureaucrats and the minister, Amin Fahim might be involved in the high-profile case in which it was alleged that the NICL management had committed misappropriation of up to Rs 5.36 billion in purchase of properties in Lahore, Karachi and Dubai.
“Three senior officials of over grade 19 are found to be involved in the scam and they acquired a major chunk of the misappropriated money,” the sources claimed. The minister’s involvement surfaced when investigators linked the money to his bank account. “The entire sum that went missing out of the Rs 900 million made its way into the minister’s bank account in a private bank,” the sources claimed.
FIA investigators sounded helpless in pursuing the case effectively since they are under pressure from their high-ups. “We have been clearly told to remove the names of these officials and the minister from our final report, which will be sent as part of a summary to the Supreme Court,” they claimed. Meanwhile, a joint investigation team of the FIA comprising officials from Lahore and Karachi raided the house and office of Amin Qasim Dada and sealed both places.
“We have made no arrests nor found anything during the raids,” FIA sources said, adding that they have received information about Dada fleeing abroad via Afghanistan. “The record shows that he came to Pakistan on July 10, 2010 and did leave the country but we have contacted Interpol and are trying to issue a red warrant,” they added. The FIA has already placed Dada’s name on the exit control list while letters have been dispatched to the Passport and Immigration authorities in Islamabad for the cancellation of his passport.
The FIA has arrested two people – Naveed Hussain Zaidi and Gardaizi – while Jawaid Syed, Khawaja Akbar and Khalid Anwar are out of country. “Their red warrants will be issued soon,” the sources said. They added that the FIA Sindh DG had been asked to provide Waseem Ahmed’s arrival and departure records in Karachi after his appointment as FIA DG and the distance between the residences of Ahmed and Dada.
It may recalled that the FIA had filed a case in which they claimed that a man, identified as Khalid Anwar, was given power of attorney for 20 acres of land owned by the Hashwani group some time back. The FIA accused Anwar, who is both a Pakistan and an American citizen, of selling 10 acres of this land to the NICL in August 2009 before he managed to leave for the United States.
According to the FIA, Anwar sold each acre for Rs 90 million, which is twice the actual value of the land as each acre actually costs around Rs 45 million, resulting in a loss of Rs 450 million to the national exchequer.