NAB makes another arrest in Modarba scam

People alleged that the accused, Yasir Aziz aided his brother to misappropriate money


Our Correspondent March 04, 2018
PHOTO: REUTERS

ISLAMABAD: The National Accountability Bureau (NAB) on Saturday arrested another accused in multi-billion rupees Modarba scandal on charges of corruption, corrupt practices and cheating public.

According to NAB, Yasir Aziz, the accused, was involved in taking money from people in the name of Islamic mode of investment. The accused acted as finance secretary of Elixir Group and signed Modarba-namas issued by its director Shahid Aziz, who is his brother.

NAB catches Modarba scam absconder

People alleged in their claims that Yasir Aziz took the investment and aided his brother to misappropriate the money. The accused also tried to sell the properties owned by his brother. Yasir is currently in custody of the NAB Rawalpindi.

Talking with reference to the arrest, NAB Rawalpindi Director General Irfan Naeem Mangi said NAB was committed to eradicating corruption from the country so that the dream of a corruption-free Pakistan could be achieved. “NAB strongly believes in accountability for all,” he said.

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