F.P. Report
ISLAMABAD: Officials of National Accountability Bureau (NAB) will present the accused Shabir Bambat and Jabbar Memon before an accountability court on Tuesday (today) in a case pertaining fake bank accounts case.
According to reports, Both Bambat and Memon were arrested by NAB from Karachi, on Sunday night.
The arrested suspects are accused of causing eight billion loss to the national exchequer, through illegal allotment of land.
Last week, the NAB had arrested Aftab Memon, the close aide of former president Asif Ali Zardari.
Aftab Memon is the secretary of Karachi Development Authority who is accused of illegally allotting 7,000 acre land to frontmen of political personalities, sources further said.
The unlawful allotment incurred Rs800 million loss to the national kitty as per NAB sources.
Money laundering case
Asif Ali Zardari, his sister Faryal Talpur and other accused are facing a probe into the money laundering scam involving over Rs35 billion laundered through fake bank accounts.
Zardari’s close aides Hussain Lawai and Anwar Majeed are also being investigated in the scandal. They both are in custody.
A Joint Investigation Team (JIT) formed to probe into the mega money laundering scam submitted its report in the Supreme Court. The report revealed that 29 fake bank accounts had been identified, which were used for money laundering.
