NAB seals 12 bungalows owned by Raisani

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At least 12 bungalows owned by the Balochistan finance secretary Mushtaq Raisani in Karachi’s Defence area have been sealed by National Accountability Bureau on Monday (today).

Sources said that during interrogation Raisani revealed that he owns 22 bungalows.

The bungalows which have been sealed are located in Defence phase 5, 6 and 7. Other bungalows are still being located, NAB sources said.

Two of his cars are also in NAB custody.

Read more: Accountability court extends Raisani’s remand in NAB custody

The NAB personnel recovered a ‘treasure’ of local and foreign currency and a sizeable quantity of gold from the residence of the Raisani on May 6 which the officials believe was accumulated through corruption.

The NAB officials raided Raisani’s house and recovered bundles of notes in local and foreign currency worth Rs 730 million. The bundles of notes, from Pakistani rupee to US dollar, were stuffed in large bags, cardboard and plastic boxes.

The corruption treasure also included prize bonds and a fairly large quantity of gold. The amount recovered was so huge that the officials had to bring in counting machines after they got tired of counting the currency notes manually.

Raisani is accused of embezzlement of billions of rupees from the national exchequer and misuse of authority.

Read moreMushtaq Raisani case unravels with new disclosures