Bogus investment: Man arrested from court for fraud

The prosecutor said that 137 individuals were affected by the fraud


Shabbir Hussain February 29, 2016
PHOTO: FILE

ISLAMABAD:


The anti-graft body officials arrested a businessman from the premises of the Islamabad High Court (IHC) on Monday in a fraud case after his bail plea was rejected.


The National Accountability Bureau (NAB) arrested Malik Nadeem Ayub, owner of a private company, on charges of fraud to the tune of Rs19.6 million.

The case is being heard by a division bench comprising Justice Amir Farooq and Justice Mian Gul Hasan Aurangzeb.

The NAB prosecutor contended that Ayub had deprived people of their hard earned money in the name of investing in his business.

The prosecutor said that 137 individuals were affected by the fraud

Dr Aafia Siddiqui’s health

Meanwhile, the same court gave the government a seven-day time to submit a report on the health of Dr Aafia Siddiqui as well as all the steps taken for her return from the United States of America.

Justice Noorul Haq Qureshi reserved an interim order on Thursday while hearing a case concerning return of Aafia and a possible meeting with her family members.

On Monday, the court released the interim order and adjourned the hearing into the case for two weeks.

Aafia’s sister Fauzia Siddiqui has filed the petition in the court for the return of her sister form the US.

Published in The Express Tribune, March 1st, 2016.

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