Accountability: NAB arrests two men

KARACHI: The National Accountability Bureau (NAB), Sindh, has arrested two men accused of misappropriation of funds worth Rs16.2 million. The former senior vice-president of the National Investment Trust, Mirza Sanaullah Baig, and a former branch manager of the Crescent Commercial Bank (currently known as Samba Bank), Kamran Zafar, were taken into custody in Karachi. A NAB spokesperson said that the accused, Baig, processed fake applications on which two income distribution warrants (IDWs) were issued. Both accused are in judicial custody.

Published in The Express Tribune, December 3^rd, 2014.