NAB recovers Rs2.12bn in fake bank accounts case | Pakistan Today

NAB recovers Rs2.12bn in fake bank accounts case

ISLAMABAD: The National Accountability (NAB) Rawalpindi has recovered Rs 2.12 billion in the fake accounts case against former president Asif Ali Zardari.

According to reports, NAB Chairman Justice (r) Javed Iqbal has accepted plea-bargain request of two accused — Technomen Kinetics (Pvt) Ltd directors Asif Mehmood and Arif Ali — involved in collusive bidding, exorbitant rates, corruption and corrupt practices in power generation projects of Sindh.

The anti-graft agency has maintained that the final petition for plea bargain will be submitted in the accountability court. The suspects – along with the provincial officials – were involved in corruption through fake auctions, the corruption watchdog said.

The reports cited that the anti-graft watchdog body has already arrested 25 suspects in fake bank accounts case.

In the last hearing of the case in an accountability court, the physical remand of three accused, who had applied for a plea bargain, in fake bank accounts case, was extended till July 31.

During the hearing, the judge had directed to wind up the case against them as soon as possible. The NAB investigation officer has told that the requests of the accused were under process with the department.

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