ISLAMABAD - Federal Investigation Agency (FIA) yesterday arrested six accused wanted in an alleged Rs620 million scam of employees cooperative housing society of Oil & Gas Development Company Limited (OGDCL)
A senior officer of FIA said that Islamabad Zone have arrested six accused required in case FIR No.02/2015 registered against them on March 3, 2015 under sections 409, 420,468 ,471 and109 of Pakistan Penal Code (PPC).
He said that the accused were allegedly involved in embezzlement of Rs620 million of the members of the society under the garb of development and purchase of land.
The accused include Irfan Babar Khan president of the society, Rasheed Janjua, secretary, Aftab Shah, finance secretary, Mohammad Rasheed, executive member, Adnan Kiani, naib tehsildar and contractor Faizan Azam.
All the accused were arrested after a local court rejected their bails. While pre-arrest bail of accused Azhar Awais, contractor was also rejected but he could not be arrested because he was absent from the court. Raids are being conducted to arrest him, the official said.
FIA will produce all the accused in the court for obtaining their physical remand today.
Separately, FIA Islamabad Zone has arrested Basharat Mirza, ex-executive director OGDCL after cancellation of his pre arrest bail in case FIR No.14/2015 registered against him on charges of misappropriation in OGDCL Sinjhoro Oil Field Project.
According to FIA, the accused is allegedly involved in awarding and execution of Sinjhoro Flow Lines Project on far higher rates of Rs951 millions as compared to the engineers’ estimates of Rs270 millions. The contract work was awarded in April 2014. FIA Corporate Crime Circle will produce the accused in court for obtaining his physical remand today.