NICL scam: Accused offers to return embezzled money

Khalid Anwar offers to return Rs410 million that was his share in the embezzlement.

Express August 02, 2011

One of the accused in the NICL scam has reportedly offered to return Rs410 million that was his share in the embezzlement, Express 24/7 reported on Tuesday.

Khalid Anwar, who was declared as an absconder by a court in the NICL case, fled the country and is believed to have taken refuge in the United States.

Investigating officers claim Anwar's share in the scam was around Rs490 million.

He had returned Rs80 million before fleeing the country.

Sources said the accused, who was a frontman for main accused Ayaz Khan Niazi, has now approached the authorities through middlemen.

He has offered to return the remaining Rs410 million in the form of post-dated cheques.


Pervaiz Lodhie | 11 years ago | Reply

Since half the country's Muslims can be found to be involved in embezzlement, fraud, bribery, stealing, cheating and much more you cannot put everyone in jail. Second jailing is the most expensive way to get little or no return. You actually end up creating bad people worse. The process of proper rehabilitation, public apology and other publicly humiliating methods will be more productive.

ProPak | 11 years ago | Reply

if you get caught, give back post dated cheques while the money is generates interest in bank.

The accused are making a fool of us.By returning the money has he absolved himself of the crime? Should we pity criminals like these? An example has to ma

I say, arrest the MOFO, and sentence him to a few years with hard labor.

On the other hand, do as the Chinese do... shoot the people who defraud and steal public money....(Wishful thinking)

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