NAB arrests man accused of Rs145 embezzlement of funds in Peshawar

Accused scammed public at large by collecting funds for 'fake' investments

PESHAWAR: The National Accountability Bureau Khyber-Pakhtunkhwa (K-P) claimed to have arrested a man accused in the embezzlement of funds worth Rs145 million.

According to a statement released by NAB, Jamal Khan Khattak, an ex-area sales manager of a private company in Peshawar, duped public at largely by collecting Rs145 millions in fake investments.

The accused initially paid “abnormally high profits” before disappearing from the scene without returning principle amount to the investors.

It was only after they approached the private company, that the investors realised they had been scammed.

The regional accountability bureau has filed reference against Khattak in accountability court.