KARACHI: The Federal Anti-Corruption Court on Saturday ordered the immediate arrest of the members of the National Insurance Company Limited’s (NICL) Board of Directors.
At an earlier hearing, the court had ordered Federal Investigation Agency (FIA) to submit the final charge- sheet against former NICL chairman Ayaz Khan Niazi and other officers. However, the FIA failed to submit it and the court decided to take the interim charge-sheet as the final one and ordered the arrests.
The court issued non-bailable arrest warrants for the absconding accused, including members of the Board of Directors Amin Qasim Dada and Javed Saeed, and brokers Khalid Anwer, Khawaja Akbar, Syed Muhammad Iqbal and Aamir Hussain.
The court asked the jail authorities to ensure that the accused attend the next hearing.
The jail authorities told the court that Executive Director Finance Muhammad Zahoor, General Manager Audit Athar Ali Naqvi, General Manager Zahid Hussain and Law officer Aijaz Ahmed Sheikh were summoned by a local court in Lahore and therefore could not be produced before the court.
The court was also informed that the accused former NICL chairman Ayaz Khan Niazi is unwell. The accused are facing corruption charges in the multi-billion-rupee land scandal.
Published in The Express Tribune, February 27th, 2011.
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