LAHORE: National Accountability Bureau (NAB) has placed the name of Jarranwala SP Mansoor-ul-Haq Rana, Rana Qaisar Nazir, Mohsan Abbassi, Ahsan Abbssi, Hafiz Usman Yousaf, Muhammad Amin Abbasi, Rana Nazir Ahmad, Rana Muhammad Anwar, Anwar-ul-Haq Rana on the Exit Control List. Accused are nominated in Kanal Motors scam in which Rs 1.2 billion has been embezzled. NAB authorities have also recommended initiating appropriate action against Major Hameed Rana involved in said fraud.
The accused under the name of Canal Motors in connivance, abetment and active aid of each others lured innocent people for investments at exaggerated profit in the booking of vehicles and embezzled original amounts of the depositors in addition to taking commission on investments. In this way accused collected over Rs 1.2 billion by cheating public at large and transferred the looted money into accounts of benamidars.
NAB, after an enquiry, detected numerous bank accounts, shares in various firms, companies and movable/immovable properties of the accused and placed them under caution till final decision of accountability court where the case is being heard. NAB has confiscated the properties owned by the benamidars of accused including house no 175-A, PCSIR Society, house no 81, Indus Block, Green Fort-II, plots no 51 and 52/D, Sukhchain Gardens, 104-Kanal Agri Land and Rana Farm House at Chak no 39 Sargodha, Novell Catering Service at 122-Tipu Block Garden Twon, K&Z Rice Mills Ghakher Mandi Gujranwala, K&Z Poultry / Hatchery, Soay Asal Road, Mustafaabad Kasur, house no 5 Alfala Park, Sabzazar Scheme, houses no. 40/7, 38/12 and 70/7 Rail Town Lahore, plot No 184/D-4, FDA City Faisalabad, 2 plots in DHA Islamabad, Toyota Land Cruiser LEA-08-28 and Toyota Hilux LES-08-02. NAB authorities have placed QAB International, Canal Motors (Pvt) Ltd, Nouvelle Caterers & Even Management (Pvt) Ltd., Novel Decor, K&Z (Pvt) Ltd, Mashaallah Proteins, K&Z Rice Mills, Versatile Associates (Pvt) Ltd and Speedily House of Wheals under caution along with their assets with Security and Exchange Commission of Pakistan.
PASCO WHEAT FRAUD, REFERENCE FILED: National Accountability Bureau (NAB) Punjab has filed a reference in accountability court against PASCO ex-purchase inspector Shaukat Hussain Shah and PASCO ex-assistant purchase inspector Maqbool Ahmad for incurring a loss of Rs 5.64 million to public exchequer through embezzlement in PASCO wheat stock. Shaukat Hussain Shah in connivance with Maqbool Ahmad, while posted at Pattoki Railway Station Reservoir II during the year 1987-88, made short dispatches of wheat against consigned weight. During departmental proceedings, both of the accused were found guilty and dismissed from service.
BOP FRAUD CASE, REMAND EXTENDED: An accountability court on Monday extended the judicial remand of Bank of Punjab (BOP) former president Hamaish Khan, Qazikistan former honorary consulate Seth Nisar and Haris Steel Mills Director Sheikh Muhammad Afzal till January 3. Earlier, the court on an application filed by Hamaish Khan, directed NAB authorities to make arrangement for medical check-up of accused in Services and Dental Hospital.
Accused are involved in Bank of Punjab (BOP) fraud case in which 12 billion rupees has been embezzled. American nationality holder Hamaish Khan is key figure of BOP fraud case, in which 12 billion rupees has been embezzled, and he has been charged that he issued Rs 6.20 billion loans to Sheikh Muhammad Afzal beyond his authorities. On Wednesday an American Jason Rieff observed the proceedings and met with accused in the court room. Earlier, the accused had also fled the country despite his name having been placed on the Exit Control List by the Interior Ministry. NAB authorities arrested him from America and brought back to Pakistan for trial in accountability court.
CUSTOMS CONSTABLE ARRESTED: NAB Punjab has arrested Customs Department ex-constable Ghulam Nabi on charges of acquiring assets beyond known source of income. The accused will be produced before accountability court on December 23 for physical remand to proceed further in the matter. The accused during his service as constable in Customs Department acquired assets through illegal means. Despite of his humble background he acquired a one kanal house in DHA, three houses in different localities of Lahore, Honda City car and handsome accounts in five banks. The accused could not justify Rs 3,002,271 earned during service. The accused will be produced before accountability court on December 23 for physical remand.
NBP ACCUSED CONVICTED: An accountability court on Wednesday convicted National Bank of Pakistan Rahim Yar Khan Branch Officer Tariq Murtaza Malhi for 10 years and imposed a fine of Rs 16.1 million. A reference has been filed against accused on the charges of misappropriation of Rs 16.42 million.
The accused, while posted at NBP Model Town Branch Rahim Yar Khan during 1997-2003, misused his official position; tempered bank accounts and committed fraudulent withdrawals from various bank accounts. The accused also made fake and bogus entries in the account books and falsified the accounts of the account holders of the bank with the intention to gain pecuniary benefits. Fraudulent actions of the accused caused loss of Rs 16.096 million to the bank. The court on Wednesday after concluding the trial convicted accused for ten years.
