NAB reviews current status of multi-billion Modarba Scandal

Islamabad

National Accountability Bureau Chairman Qamar Zaman Chaudhry chaired a meeting to review the current status of multi-billion Modarba Scandal at NAB Headquarter here Friday.

During the briefing, the DG NAB Rawalpindi gave briefing to the chairman about the current status of Modarba/Musharika cases and recovery made so far and informed about the status of inquiry-investigations underway in NAB Rawalpindi Bureau in Modarba/Musharika scam.

The DG NAB Rawalpindi/Islamabad informed that there are a total of 29 cases in the Modarba scam including one inquiry and 28 references filed in the respective Accountability Courts which include inquiry against Akbar Khan Assistant Director, Elixir Group underway at NAB Rawalpindi/Islamabad Bureau, while 28 corruption references have been filed against the following accused persons in the respective Accountability Courts. These references include State Vs Mufti M. Ehsan Ul Haq, CE M/s Fayazi Gujranwala, State Vs Asif Javed & others, State Vs Mati ur Rehman, State Vs Saif ur Rehman & others, State Vs Muhammad Bilal & others, State Vs Rashid Minhas & others, State Vs Imran Abbasi & others, State Vs Irfan Haider Awan & others, State Vs Mufti Saqib & others, State Vs Obaidullah Mubarik, State Vs Shams ur Rehman & others, State Vs Muhammad Yasir & others, State Vs Bilal Khan Bangash and others, State Vs Amir ur Rehman & others, State Vs Abdul Malik, State Vs Mufti M. Riaz Khan S/o Hadayat Ullah (Modarba Scam) & others, State Vs Muhammad Nazir S/o Saleem Akhtar (Islamic Invest) & others, Ghulam Rasool Ayubi & others (Mezban Trading Company), Muhammad Abdullah of N.E Associates, Muhammad Irfan & others (M/s Bolan City), Molana Abdullah (Islamic Traders Pvt Ltd), Mufti Shabbir Usmani Al-Wasey Group, Taxila, Malik Haroon Tabraiz & Malik Mansoor (Al Shamim Enterprises), Khurshid Ahmed CEO, Marwa Group of Companies Kamra Cantt & Marwa Associates Pvt Ltd, Salah ud Din s/o Ajaib (MSD Trading), Abdullah s/o Khan Muhammad & others, State Vs Muhammad Ihsan s/o Abdul Rehman and Hanif Khan s/o Zaboor Khan (Al-Makkah Traders) DG NAB Rawalpindi further informed that NAB Rawalpindi has so far arrested 43 accused persons in Modarba/Musharika scam including Ghulam Rasool Ayubi, Hussain Ahmed, M. Khalid, Muhammad Nauman Qureshi, Adil Butt, M. Ejaz, Muhammad Irfan, Hamid Nawaz, Mufti Shabbir Usmani, Sajjad Ahmed, Salah ud Din, Khan Muhammad, Muhammad Ihsan, Hanif Khan, Mufti M. Ehsan ul Haq, Muhammad Ibrar ul Haq, Obaid Ullah, Hafiz Muhammad Nawaz, Wajid Ali, Hafiz Mukhtiar Khan, Muhammad Osama Abbasi, Umair Ahmed, Muhammad Bilal Afridi, Ibrahim Al Shoraim, M. Aqeel Abbasi, M. Osama Qureshi, Saifullah, Nazir Ahmed, Muhammad Idrees, Abdul Malik, Irshad Ullah Jan, Fazal Subhan, Asif Javed (Alias Molvi Ibrahim, Rashid Minhas, Mufti Muhammad Saqib, Muhammad Wali, Shams ur Rehman, Muhammad Yasir, Hussain Ahmed Deshani, Mati ur Rehman, Mufti Saqib, Ejaz Anwar and Bilal Khan Bangash.

The DG NAB Rawalpindi informed that NAB Rawalpindi has recovered from accused persons of Modarba/Musharika Scam of Rs568.819373 million. He informed that a list of 71 affectees in State Vs. Mufti Ehsan Ul Haq and others (Complaints against accused Aqeel Abbasi) case and list of 33 affectees in State Vs. Mufti Muhammad Saqib case is under approval stage for payment to the affectees of above said two scams.

The chairman said that NAB had chalked out a comprehensive National Anti-Corruption Strategy and adopted Zero Tolerance Policy to curb corruption and corrupt practices from the country. He said that NAB during the last 16 years has received about 309,000 complaints from individuals and private/public organisations. During this period NAB completed about 6,300 inquiries, out of which 56 per cent of these inquiries matured into formal investigation and more than 80 per cent investigations were taken into the stage of prosecution in the courts of law. Out of 1,762 decided cases, we achieved conviction in 889 cases.

He said that NAB’s prime focus is on cases of cheating public at large by fraudulent financial companies, bank frauds, willful bank loan defaults, misuse of authority and embezzlement of state funds by government servants etc.