Fake bank accounts case: NAB files first reference, recovers Rs600m worth of land

Published April 3, 2019
Director M/s Parthenon Younus Kudwavi has reportedly given NAB his written consent to take over a plot valued at Rs600 million. ─ Dawn/File
Director M/s Parthenon Younus Kudwavi has reportedly given NAB his written consent to take over a plot valued at Rs600 million. ─ Dawn/File

The National Accountability Bureau (NAB) on Wednesday filed the first interim reference in the fake bank accounts case, nominating eight senior government officials and the director of a private company.

The corruption watchdog's prosecutors submitted the reference to an accountability court in Islamabad, pleading that the nominated accused persons be tried in the court for buying properties in Karachi through the said fake accounts.

The suspects nominated in the reference include former administrator of Karachi Metropolitan Corporation (KMC), Mohammad Hussain Syed, former metropolitan commissioners of KMC: Matanat Ali Khan and Samiuddin Siddique.

Others nominated in the reference include Additional Director KDA Wing KMC, Syed Khalid Zafar Hashmi, former director KDA Wing KMC Najamuz Zaman, assistant directors of KDA Wing KMC, Abdul Rasheed and Abdul Ghani, and Director M/s Parthenon Younus Kudwavi.

The NAB has also reportedly made a recovery in the case, with well-placed sources within the bureau telling DawnNewsTV that Kudwavi has handed over a plot valued at Rs600 million.

Sources say that Kudwavi has given NAB his written consent to take over the property, and also surrendered the relevant documents.

The fake bank accounts case involves alleged money laundering worth billions of rupees through 29 accounts, which were found opened in three banks — Summit Bank, Sindh Bank and United Bank Ltd.

The Federal Investigation Agency (FIA) had named PPP leaders Asif Ali Zardari, his sibling Faryal Talpur, Omni Group chairman Anwar Majeed, his sons and over 10 others as suspects in an interim charge sheet filed in a banking court in August last year.

The case was recently transferred from the banking court in Karachi to the accountability court of Rawalpindi for trial.

Opinion

Editorial

Kurram atrocity
22 Nov, 2024

Kurram atrocity

WITH the situation in KP’s Kurram tribal district already volatile for the past several months, the murderous...
Persistent grip
22 Nov, 2024

Persistent grip

PAKISTAN has now registered 50 polio cases this year. We all saw it coming and yet there was nothing we could do to...
Green transport
22 Nov, 2024

Green transport

THE government has taken a commendable step by announcing a New Energy Vehicle policy aiming to ensure that by 2030,...
Military option
Updated 21 Nov, 2024

Military option

While restoring peace is essential, addressing Balochistan’s socioeconomic deprivation is equally important.
HIV/AIDS disaster
21 Nov, 2024

HIV/AIDS disaster

A TORTUROUS sense of déjà vu is attached to the latest health fiasco at Multan’s Nishtar Hospital. The largest...
Dubious pardon
21 Nov, 2024

Dubious pardon

IT is disturbing how a crime as grave as custodial death has culminated in an out-of-court ‘settlement’. The...