NAB arrests ‘modarba’ scandal accused

ISLAMABAD - National Accountability Bureau, Rawalpindi arrested proclaimed offender Uzair Shah on charges of corruption and cheating public at large in the ploy of Islamic mode of investment, known as ‘modarba’ scandal.

The accused and others looted Rs269 million from poor people in the name of Islamic investment. Around 113 victims have approached the NAB with total claims of Rs269.61 million so far.

It was also revealed during the investigation that the accused persons after receiving the investment from general public set up a business in the name of ‘modarba’ and assured the victims of very high profit but failed to run the businesses and therefore deprived the victims of their earnings, a statement said.

The accused Uzair Shah had submitted application of voluntary return on February 25, 2015 in which he had showed willingness to pay back liability against him. He had also submitted original papers of his properties located in Attock city to the NAB.

Later, the accused disappeared and refused to appear before the NAB team.

The NAB investigation team raided different places to arrest him in Attock but failed as he had left the city along with his family. The NAB team arrested him few days back after several raids.

After arresting the accused, the NAB obtained his 9-day physical remand from Accountability Court, Islamabad, for further investigation. The NAB has also filed a corruption reference in the case in the Accountability Court. The NAB wants 4-5 other accused in the case and the investigation team is also trying to arrest them as soon as possible, the statement concluded.–Staff Reporter

ICT police constitute teams to arrest absconders

ISLAMABAD: Islamabad police constituted special teams at each police station to ensure arrest of proclaimed offenders, and expenses for completing investigation against such absconders have been provided to the investigation officers.

Inspector General of Police Islamabad Sultan Azam Temuri said this while addressing the concluding ceremony of a 3-day course held for capacity building of police officials, especially to brief them on legal action against proclaimed offenders.–APP

The participants were informed about procedure for red notice, Interpol contact, placing names of absconders at Exit Control List and Immigration Watch List.

The IGP said that his vision was to improve investigation skills of policemen and to make Islamabad police a precedent for other law enforcement agencies.