ISLAMABAD: National Accountability Bureau (NAB) Chairman Qamar Zaman Chaudhry has taken cognizance of two cases on a complaint lodged by Chairman Securities and Exchange Commission of Pakistan (SECP) regarding MR Securities (SMC-Private) Limited (MRSPL) and AWJ Securities Private Limited.
The two brokerage Houses registered with SECP have been complained against for non-transfer/non delivery of Securities and non-payments of cash to the investors. It has been alleged that MR Securities (SMC-Private) Limited (MRSPL) and AWJ Securities Private Limited brokerage House’s Directors/Management have cheated investors at large through fraudulent means.
The chairman NAB has taken serious notice of the matter and ordered NAB Islamabad/Rawalpindi and NAB Lahore to conduct inquiry on the complaint under NAO-1999 following under their respective jurisdiction.
Earlier, in line with chairman NAB’s firm resolve and commitment to eradicate corruption and corrupt practices from the country, NAB and SECP have created a Joint Task Force comprising senior level officers of NAB and SECP in order to work expeditiously on corruption cases referred by SECP to NAB.
Minister emphasises that the government’s primary focus is on health and education
Protective bail of Usman Dar has been approved for seven days in the GHQ attack case
Environmental sample collected on March 06 from the ‘Haji Mureed Goth’ environmental sample collection site
Court heard the petition filed by GB High Court Bar on behalf of the father of the missing girl
This investment is expected to increase manifold after the second stage of CPEC
Chaudhry Parvez Elahi and Muhammad Khan Bhatti had filed post-arrest bail petitions