NAB begins investigation into modaraba case

PESHAWAR: The National Accountability Bureau (NAB) Khyber Pakhtunkhwa on Saturday initiated probe against M/s Zadran Group for involvement in cheating public at large under the garb of mudaraba business.

A press release said the accused Gul Mar Jan, owner of Zadran Group, Peshawar, lured the general public into investing their hard earned money in the so-called legal mudaraba business of jewellry, currency, forex trade and antique on the promise that they would be paid huge profit on their investment.

The accused person after lapse of time not only stopped paying profits but also refused to pay back the original invested money of innocent people and disappeared from the scene.

The affectees of the scams are advised to approach office of the director general, National Accountability, Khyber Pakhtunkhwa, PDA Complex, Block-III, Phase-V, Hayatabad, Peshawar, for registering their claims during the office hours.