nab:

By Hassnain Qureshi

Bulls and Bears An accountability court allowed accused Shahid Hussain Awan, chief executive of forex company Bulls and Bears, to meet his lawyer for an hour. He is accused of running an illegal banking business.

PARCO scam Proceedings in three different cases of the Pak-Arab Refinery Company land case were adjourned till next week. In one case a prosecution witness testified. In another, the prosecution evidence was completed after two witnesses testified. The third case was postponed without proceedings. Amjad Hussain Sandal, former land acquisition collector, and nine others are accused of causing a loss of Rs 6.7 million to PARCO in a project to lay pipelines between Muzaffargarh and Sheikhupura.

Asad Lali Proceedings against Lali, former Highways land acquisition collector, were postponed till May 31. Lali is accused of misappropriating Rs 6.84 million.

UBL fraud case A court issued arrest warrants for Adeel, co-accused of Khurshid Butt, United Bank Limited Lohari Gate branch manager, and cashier Abid Hussain. NAB has accused them of misappropriating Rs 10 million.

Butcha Garden scam The case against former inspector Abid Boxer and several other police and revenue officials was adjourned till May 31, as the judge was on leave. They are accused of illegally selling 2,000 kanals of government land at Maraka and Manga Mandi in Lahore district.

Sardar Nasim A prosecution witness testified before the case against Nasim, former head clerk at the Lahore deputy commissioner’s office, was postponed until June 4. Nasim is accused of acquiring illegal assets.

Home | Briefs