LAHORE - The National Accountability Bureau (NAB) claimed on Monday to have arrested a proclaimed offender allegedly involved in corruption of Rs14 billion, said a spokesman for the bureau.

He said that NAB Lahore officials arrested Fakhar Islam during a raid in a Kasur area. According to details, NAB Lahore has been looking into a corruption case against former land acquisition collector (LAC) Mian Abdul Rauf and others.

They were accused of purchasing land on Ferozepur Road in the Kahna Seloki area allegedly at exorbitant rates and causing the exchequer a loss of Rs14 billion. NAB Lahore has so far arrested 17 accused involved in the case. Fakhar Islam was declared proclaimed offender in 2016.

During the course of investigation, it was revealed that Rs1.8 million had been transferred into accused Fakhar Islam’s personal account as an alleged transaction in the wake of bogus sale and purchase of land in Kahna Seloki for development projects.  NAB Lahore officials have got physical remand of accused Fakhar Islam till September 4 from an accountability court.

NAB summons businessman in money laundering case

As the National Accountability Bureau (NAB) is focusing on cases involving money laundering, business tycoon Mian Mansha has been summoned again by the anti-graft watchdog next month.

NAB had previously summoned the suspect for questioning on August 17, but Mian Mansha did not appear before the NAB officials.

Sources privy to NAB informed that Mian Mansha will be probed in connection with a money laundering case worth $95 million.

Mian Mansha is directed to appear before the anti-corruption watchdog along with records of the hotel he owned in London. The petitioner of the case has recorded his statement before the NAB and made allegations that the business magnate laundered $95 million to Britain. The probe into money laundering cases has been launched on the orders of the apex court. Former President Asif Ali Zardari and his sister Faryal Talpur are being investigated in another money laundering scam along with many other notables who are suspects in the case. In connection to very probe, the FIA has also arrested Anwar Majeed, a close aide of former president Asif Ali Zardari and the head of Omni Group, in a money laundering case of Rs35 billion through fake bank accounts.