The National Accountability Bureau (NAB) has distributed cheques of amount Rs 2.9 million among 13 affectees of fraud in scrap business on Thursday in Rawalpindi.
Taking action on public complaints, NAB arrested accused person Muhammad Ayaz and successfully seized the looted Rs 2.9 million from him. The accused was chief executive of so-called scrap business.
Rawalpindi NAB Director General Subah Sadiq handed over the cheques to the affectees. Addressing the ceremony, he said public should remain vigilant and check credentials of such investment companies before handing over them hard earned money.
He cautioned the public to beware of fraudsters in the property business and confirm legality of groups and individuals before investing their hard earned money.
