NICL scam: Ayaz Khan Niazi, five others get seven years in jail
They were accused of causing loses of Rs490 million to the national kitty by purchasing land at higher prices .
By Web Desk
December 08, 2018
KARACHI: An accountability court on Saturday convicted six people in the National Insurance Corporation Limited (NICL) land scam case.
According to Geo News, former Chairman of NICL Ayaz Khan Niazi and five other men were sentenced to jail term seven years each.
The convicts have also been disqualified from holding public office for 10 years in a case pertaining to financial embezzlement in purchase of official land.
They were accused of causing loses of Rs490 million to the national kitty by purchasing land at higher prices .
-
Security forces gun down 30 terrorists in multiple IBOs in KP: ISPR -
MQM-P calls for new province in Sindh -
US report validates Pakistan military edge over India: PM -
Banned TTP poses serious threat to Pakistan security: UNSC panel -
CM Afridi clarifies remarks on by-poll after ECP requests army deployment -
Dubai sees 3.2m Pakistani passengers in 2025 as airport sets new milestone -
Security forces kill 23 Indian proxy terrorists in KP's Kurram -
Pakistan to construct island to boost oil exploration: report