NAB chief for pursuing modarba cases on basis of solid evidence

ISLAMABAD: National Accountability Bureau (NAB) Chairman Justice (R) Javed Iqbal Wednesday directed official concerned to pursue proactively Modarba/ Musharka corruption cases on the basis of solid evidence transparently and on merit as per law.

The NAB chairman also directed the official concerned to nab corrupt elements who had looted hard earned money from affectees and recover from them the corrupt money related to Modarba/Musharka cases. The NAB chairman Justice (R) Javed Iqbal chaired a meeting to review ongoing progress on Modarba/ Musharka cases at NAB Headquarters on Wednesday.

During the meeting, it was informed that Rawalpindi NAB has filed 30 references in the accountability courts and recovered Rs644.877837 million besides cautioned/freeze assets of worth Rs164,6.5 million.

It was informed that NAB has arrested 45 accused persons in Modarba scam, including Mufti Ehsanul-Haq, Mufti Ibrarul Haq, Hafiz Muhammad Nawaz, Moeen Aslam, Obaidullah, Mufti Shabbir Ahmad Usmani, Sajjad Ahmed, Asif Javed, Ghulam Rasool Ayubi, Muhammad Hussain Ahmed, Hamid Nawaz, Muhammad Irfan, Bilal Khan Bangash, Matiur Rehman, Muhammad Numan Qureshi, Syed Hussain, Muhammad Adil Butt, Muhammad Saqib, Umair Ahmed, Aqeel Abbasi, Mufti Hanif Khan, Nazeer Ahmed Ibrahim Alshoriam and saifullah.

During the meeting it was informed that the Accountability court Islamabad awarded 14 years sentence and fine of Rs67 million to Najamud Din and Ghulam Rasool Ayubi in Mudarba case. The accused Najamud din and Ghulam Rasool Ayubi had been found guilty and all charges against all the accused persons were proved true. The accused had been arrested by the Rawalpindi on the charges of cheating public at large in the name of Islamic investment in Mudarba’ scams.

The accountability court also ordered to forfeit property of both the accused. It was informed that earlier, the Islamabad Accountability Court has awarded 10 year imprisonment and Rs9 billion fine to Mufti Ehsanul-Haq, while his nine other co-accused were imposed Rs1 billion fine. That conviction was maximum in history of NAB.

The accused Mufti Ehsanul Haq, CEO of M/s Fayazi Group of Industries Modarba case along with nine other accused persons recently have been convicted after detailed perusal of solid evidence presented by the Rawalpindi NAB as per law by the Islamabad Accountably Court. It was informed that the Rawalpindi NAB has filed corruption references in the Rawalpindi Accountability Court against Muhammad Nazeer, Chief Executive Officer (CEO), Islamic investment and other accused persons in the Modarba case on charges of corruption, corrupt practices and cheating public at large in the ploy of Islamic mode of investment in Rs95.52 million.

Moreover, Rawalpindi NAB has filed reference in Accountability Court, Rawalpindi, against Muhammad Bilal of Bilal Trading Corporation and other accused persons in the Modarba case on charges of corruption, corrupt practices and cheating public at large in the ploy of Islamic mode of investment in Rs48.410 million.

The Rawalpindi NAB had also filed reference in the Accountability Court, Rawalpindi, against Muhammad Yasir S/o Muhammad Gulistan, Chief Executive Officer (CEO), Al Jazeera International and other accused persons in the Modarba case on charges of corruption, corrupt practices and cheating public at large in the ploy of Islamic mode of investment in Rs5.95 million.

Furthermore, the Rawalpindi NAB had filed reference in Accountability Court, Rawalpindi, against Shamsur Rehman, Chief Executive Officer (CEO) M/S Al Baraka Marketing (PVT) Ltd and other accused persons in the Modarba case on charges of corruption, corrupt practices and cheating public at large in the ploy of Islamic mode of investment in Rs25.02 million.