Peshawar: The Khyber Pakhtunkhwa chapter of the National Accountability Bureau (NAB) has arrested a CandW Department employee and a contractor in an alleged corruption case involving misappropriation of public funds and losses of billions of rupees to the national exchequer.
The arrested suspects were produced before the court of Judge Muhammad Hamid Mughal, which granted NAB seven-day physical remand of both accused for further investigation.
During the hearing, NAB Special Prosecutor Habibullah Baig told the court that CandW Department Kohistan employee Ijaz-ul-Haq had been arrested on a NAB warrant.
According to NAB, the suspect allegedly acted in connivance with the main accused, Qaiser Iqbal, to unlawfully withdraw and misappropriate Rs1. 126 billion from bank accounts.
The prosecution further informed the court that the second suspect, Muhammad Zaboor, was a contractor and owner of B Construction Company.
He allegedly opened accounts in his name at two private banks in Dasu and transferred Rs113. 8 million from public funds into his personal accounts.
NAB alleged that both suspects, in connivance with other individuals, were involved in the embezzlement of government funds and causing substantial loss to the national exchequer.
After hearing the NAB arguments, the court handed over both suspects to NAB on seven-day physical remand. Further investigation into the case is underway.
