An accountability court on Wednesday extended the judicial remand of Sheikh Afzal, main accused in the NIB Bank fraud case until August 27. National Accountability Bureau (NAB) authorities sought extension in Afzal’s judicial remand without presenting him in court submitting that he was ill and unable to move from jail. The judge took serious notice and directed NAB authorities to present the accused in court on the next hearing at all costs. Afzal is owner of the Haris Steel Mills and involved in the NIB Bank fraud case in which Rs 33.3 million have been embezzled. Afzal acquired a loan from the NIB Bank for Haris Steel Mills but defaulted on it.
Separately, an accountability court extended the judicial remand of Muhammad Adnan, nominated in a case of fraudulent withdrawals of money under various adjustments headed by officials of district police and patrolling police in the Punjab Accountant General Office, until August 27. The accused was an ordinary person but shown as a policeman and withdrew hundreds of thousands of rupees fraudulently from the AG Office in his account last year. The court, extending the remand, directed NAB authorities to file the reference against the accused by the next date of hearing.
