NAB arrests primary accused in modaraba corruption case

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ISLAMABAD: Rawalpindi NAB arrested Yasir Aziz Saturday accused of billions of rupees in modaraba case on the charges of corruption, corrupt practices and cheating public at large in the ploy of Islamic mode of investment.

As per details, the accused was actively involved in cheating the public at large in the poly crime of taking money from people for investment. The accused acted as finance secretary of M/s Elixir Group and signed the modaraba namas issued by Director Shahid Aziz –brother of accused Yasir Aziz. The members of the public at large alleged in their claims that the accused Yasir Aziz took the investment and aided his brother to misappropriate the money.

Rawalpindi NAB Director General Irfan Naeem Mangi said that the NAB is committed to eradicating corruption from the country under the dynamic leadership of NAB Chairman Justice (r) Javed Iqbal so that the country could achieve the dream of corruption free Pakistan as NAB strongly believed in “accountability for all” policy against corruption.

 

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