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Thursday April 25, 2024

NAB arrests Modaraba corruption case accused

By Asim Yasin
March 04, 2018

ISLAMABAD: The National Accountability Bureau (NAB) Rawalpindi has arrested Yasir Aziz accused of billions of rupees in Modaraba case on the charges of corruption, corrupt practices and cheating public at large in the ploy of Islamic mode of investment.

As per details, the accused is actively involved in cheating the public at large in

the poly crime of taking money from people for investment.

The accused acted as finance secretary of M/S Elixir Group and signed the modaraba namas issued by the Director Shahid Aziz (real brother of accused Yasir Aziz).

The members of public at large alleged in their claims that the accused Yasir Aziz took the investment and aided his real brother to misappropriate the money.

The accused Yasir Aziz also tried to sell the properties owned by the accused Shahid Aziz.

NAB Rawalpindi Director General Irfan Naeem Mangi said that NAB is committed to eradicate corruption from the country so that the motherland could achieve the dream of Corruption-free Pakistan as NAB strongly in believes “Accountability for All” policy against corruption.