NAB recovers Rs1 billion from ex-accounts officer
HYDERABAD: The National Accountability Bureau (NAB) has seized income and resources value over Rs1 billion from a former additional district accounts officer (ADAO) from Hyderabad.
ADAO Mushtaq Ahmed Shaikh, who was remanded for 14 days to NAB’s control by a burden justice in Hyderabad on Saturday, was arrested from Karachi on Friday.
Shaikh’s purported impasse in this vast piracy of open supports flush after a detain of a late military deputy Muhammad Yousuf Khanzada and his son, military deputy Arif Yousuf, from Hyderabad on Feb 26.
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According to NAB orator Rizwan Soomro, Shaikh led a NAB group to his residence, plantation house, marriage gymnasium and other businesses in Hala, Matiari district, after his arrest. “Several properties value over Rs1 billion were found to be in possession of a indicted chairman that have been acquired and amassed from deduction of a piracy of supervision funds, hold in his possess name and in a names of his tighten kin and benamidars [unknown persons],” reads a press recover released by NAB.
The recovered security embody Rs17.3 million in cash, 37,016 Saudi Riyals, 3 kilogrammes of gold, 9 vehicles, papers of dual bungalows in Defence Housing Authority (DHA) Karachi, 4 plots in DHA Karachi and Bahria Sports Karachi. Three houses and dual flats in Hyderabad, dual houses and one 45-acre farmhouse in Matiari district, 146 stock animals, saving certificates, 31 coupon books, dual costly wrist watches and hundreds of strange book bills have also been recovered.
“The rough inquire has suggested that while a indicted chairman dissipated his management by fraudulently scheming fraudulent bills in foster of feign beneficiaries underneath a heads of pensions, supervision prudent funds, salaries and allowances. He got them processed and privileged by several bank accounts non-stop in connivance with several bankers,” claims NAB.
“The indicted has remained a lynchpin in organized crime and a routine of income laundering. He has been handling a vast squad consisting of private persons and incumbents of several district accounts offices who … get fraudulent payments privileged and withdrawn.”
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Shaikh’s impasse in central matters continued even after his retirement, as he acted as a monitor for kickbacks. His purported crime continued for many years though a new introduction of programmed systems for routine of book bills unprotected this corruption.
“The regulatory offices have not been successful in fixation curbs [on such actions]. As a consequence, a taxation income and changed supervision exchequer is being squandered,” NAB observed.
Shaikh and Khanzada have also been requisitioned in another NAB anxiety filed on Dec 10, 2016. The recently allocated Pakistan Peoples Party Hyderabad information secretary, Ahsanullah Abro, a sub-accountant and Ayaz Ahmed Abro, a former accountant in a district comment office, are also nominated in a reference, along with a conduct constable, Abu Bakar.
The anxiety was filed after a indicted persons unsuccessful to deposition a volume underneath a intentional lapse proviso of a NAB Ordinance, 1999. They usually deposited Rs97 million from 2012 to 2013. Around 87 million is remaining guilt of that anxiety in that these indicted persons have been sent adult for trial, a NAB orator sensitive The Express Tribune.
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NAB recovered a outrageous sum of cash, resources and properties from Khanzada and his son, who were arrested from their chateau in Latifabad, Hyderabad on Feb 26. These embody skill papers of 10 plots, 3 shops, 5 flats, 6 bungalows and 120 profits of payments to a housing scheme, 10 vehicles, Rs3.8 million in cash, Rs182,707 in Saudi, UAE and Iranian currencies, as good as esteem holds value Rs1.2 million.
Gold value over Rs2 million, 20 bank accounts with exchange adult to Rs70 million in a final few years and a sale help of a tract value Rs28 million were also found in possession of a dual constables.
“The rough inquire has suggested that both a arrested persons have been operative in connivance with certain supervision officials and also in ability of front-men for parking of income and shopping and offered of properties in their names and in a names of other unknown. They did this on their possess interest and on a interest of certain officials to act as an critical partial of income laundering process,” pronounced NAB in a matter released final month.
Article source: https://tribune.com.pk/story/1352882/nab-recovers-rs1-billion-ex-accounts-officer/