NAB arrests main accused of Rs 1870m ETPB graft case

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National Accountability Bureau (NAB) Lahore claimed on Monday to have arrested another main accused of Rs 1870 million graft case of ETPB.

According to NAB spokesman here on Monday, Faizan Shams was appointed as Investment Management Unit Officer (IMO) in connivance with main accused Asif Hashmi and other co-accused. The accused monitored the whole Rs 1870 million scam deal being an IMO, whereas, the same kept all records/files of the ETPB and M/s High Links deal.

On the directives of NAB Lahore Director General Shahzad Saleem, the NAB arrested Faizan Shams from Lahore who would be produced before the accountability court for physical remand.

1 COMMENT

  1. NAB is celebrating by arresting the so called main accused who was not even the signatory. Faizan Shams was appointed as investment management officer but was never made part of the investment committee. It a dummy position without any authority. It can be easily checked that he was not even the signatory in any matter. Sheraz Hashmi Son of Asif Hashmi was managing the deals along with his father. Now both of them are out of Pakistan. Why don’t NAB bring the real culprit asif hashmi back to Pakistan? Obviously they can’t as he has got political backing and they need an escape goat to protect Mr. Hashmi. Faizan Shams is already bailed out on the similar charges so it’s the case of double jeopardy. Never ever he was called for an inquiry. Just plain falsification of the facts regarding the authority of Faizan Shams.

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