Ghazanfar was taken into custody during the raid conducted at Shanwari Plaza, a seven-storey building, of the market.
FIA Assistant Director FIA Jamil Khan, who headed the team, told The Express Tribune that the theft has caused a loss of 1.1 million rupees to LESCO.
Sub Inspector FIA Murtaza Bajwa also confirmed a case was registered against the line superintendent as well as the owner of the building.
"The electricity was being supplied through a transformer installed in a nearby residential area," he added.
Bajwa further said that the arrested was undergoing interrogation and the investigation is underway.
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Great....catch the small guy......that's the story of our accountability process.
They are sheep. Arrest the Shepherd, the big looters of billions. FIA itself is a corrupt and racketeering organization.