PESHAWAR - National Accountability Bureau (NAB) Khyber Pakhtunkhwa Tuesday arrested Muhammad Hassan, a private person, allegedly involved in embezzlement of funds in the Housing Uniform Assistance Subsidy Project for Bajour Agency. He is accused of looting more than Rs40.00 million of fraudulently.

As per details, under the Housing Uniform Assistance Subsidy Project (HUASP), the government with the assistance of USAID paid compensation to the Internally Displaced Persons (IDPs) whose houses were damaged in the military operation against miscreants.

Under the project, Rs400,000 were paid to each individual whose house had been completely damaged while Rs160,000 were paid to owners of the partially damaged house. Total payment of almost Rs2.5 billion was made under the project to almost 10,000 affectees of Bajaur Agency.

During the course of inquiry, it was revealed that the accused Muhammad Hassan in connivance with FDMA officials included fake persons in the payment lists. Bank record of the accused shows that all the payment of 100 of these ineligible persons has been hoarded in the accused’s account, which indicates that the accused was the actual beneficiary while the bank accounts of these individuals were only used to benefit himself and officials of FDMA.

Arshad Khan, ex-director general FDMA and Irfanullah, Assistant Director FDMA had already been arrested in the instant case.