LAHORE - Federal Investigation Agency (FIA) Punjab Director Zafar Ahmad Qureshi, who resumed charge of the office a couple of days ago after his controversial transfer, will present before the Senate Standing Committee Thursday (today) a progress report on the National Insurance Corporation (NIC) case wherein a former State Minister for Defence was held by the Agency some weeks back. Maj (r) Habibullah Warraich was arrested on October 31, on charges of embezzlement of Rs 1.68 billion during former President Pervez Musharrafs regime. It may be mentioned that the FIA has already nabbed eight accused persons while more raids are being conducted for arrest of main accused Ayaz Khan Niazi and another. Both the accused are in Pakistan, the FIA Director said while talking to The Nation. He informed that the Agency had sought help from the Punjab Police for arrest of the remaining accused. Qureshi further said that their names were already on the exit control list (ECL), maintaining that they could not slip abroad through any legal exit. Sources in the FIA stated that the Agency had recovered a major chunk of looted money from the accused. They further said that the culprits had given post dated cheque against the due amount as well. The Agency has processed for confiscation of property belonging to Ayaz Khan Niazi, an FIA investigator said, adding that the EDO concerned had been asked to proceed with the case in this respect. A court had granted the FIA, physical remand of the minister till November 5, and then till tenth of the same month. The FIA authorities had sought 15-day remand of Habibullah Warraich from the court. But they were allowed to keep physical custody of the accused minister for only four days with a direction to produce him before the court on the next hearing. According to an FIA official, judicial magistrate also granted physical remand of Akram Warraich, the brother of Habibullah Warraich, in the same case. Moreover, the FIA also issued red warrants for Mohsin Warraich, the son of Habibullah Warraich. On Thursday (today), the FIA will produce the ex-State Minister for Defence for the third time in the court to get further physical remand which may be the remaining four days since as per rules the FIA can keep an accused in its custody for interrogation for only 14 days.